The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and the Sunprime Group have signed a €204 million ($223.9 million) financing deal to support a major solar photovoltaic (PV) project in Italy. This funding will facilitate the construction and operation of over 100 PV systems, both rooftop and ground-mounted, with a total capacity of up to 220 megawatts (MW).
The project is projected to generate approximately 275 gigawatt-hours (GWh) of renewable energy annually, sufficient to power over 105,000 households, significantly contributing to Italy’s renewable energy goals and broader objectives. Additionally, the project is anticipated to reduce carbon dioxide emissions by about 2.3 million tons over its lifespan.
“Italy is a market with huge potential for solar energy production, and this funding will make the country more energy independent. The EIB is the climate bank of the European Union, and our financing helps make the world more sustainable for future generations,” said EIB Vice-President Gelsomina Vigliotti.
Solar & Storage Live Italia will take place at Veronafiere on October 8-9, 2025. Attend to learn more about Italy’s rapidly expanding solar market.
