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Published on 06/30/2026 at 03:06 am EDT
Zenith Energy Ltd. announced that construction of its first photovoltaic solar project in the Puglia region of Italy has commenced. This marks the commencement of the first of the three solar plants comprising the Company’s previously announced 7 MWp Under Construction Portfolio in Puglia, announced on 22 March 2026. The remaining plants are expected to enter construction during July and August 2026.
The First Plant is being developed by Zenith through its wholly owned Italian subsidiary, WESOLAR S.R.L., and has an installed capacity of approximately 1 MWp. Zenith’s Italian renewable energy strategy is focused on the development of photovoltaic projects designed to qualify directly under Italy’s FER X incentive scheme, which is supported by a EUR 23,000 million State aid programme recently approved by the European Commission to accelerate the production of electricity from renewable energy sources in Italy. Zenith expects the three solar plants comprising the Under Construction Portfolio to become operational, connected to the national electricity grid and revenue generating by the end of 2026.
The commencement of construction of the First Plant in Puglia marks an important transition from the development phase to the execution phase and has the potential to provide financial momentum for the broader expansion of Zenith’s Italian renewable energy pipeline, which currently comprises approximately 200 MWp of photovoltaic projects.
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