Italian energy agency GSE has awarded Contract for Difference (CfD) tariffs to European Energy for five solar projects in Italy, totalling a combined capacity of 513MW.
The utility-scale assets are distributed across Sicily, Apulia, and Molise, establishing a portfolio supported by stable revenue frameworks.
The awarded projects, which include large-scale photovoltaic installations ranging from 20MW to 225MW, represent one of the most substantial solar development portfolios currently advancing under the FerX auction scheme.
The CfD mechanism is set to provide each project with a predictable price structure, offering essential revenue stability throughout its operational lifespan.
Alessandro Migliorini, Director and Country Manager of Italy at European Energy, explained: “The auction outcome provides clarity for the next steps in progressing these photovoltaic projects across Sicily, Apulia and Molise. The awarded tariffs offer a stable framework for the development of these projects.”
A key component of this portfolio is the Vizzini solar park in Sicily. This agri-PV installation is designed to integrate agricultural production with energy generation from solar panels.
Upon completion, the Vizzini park is projected to become the country’s largest solar park and the first of its kind in Italy, contributing significantly to the nation’s renewable energy goals.
Thorvald Spanggaard, Executive Vice President and Head of Project Development at European Energy, added: “This project underscores European Energy’s role in advancing Europe’s green transition.”
“The company’s continued commitment to the Italian market is reflected in this development, which supports Italy’s renewable energy ambitions.”
European Energy has a history in the Italian renewable energy sector, having previously developed and constructed solar and onshore wind parks. This includes the Troia solar park, which was completed in 2021 and grid-connected in 2022, holding the title of Italy’s largest solar park at the time.
As of 2025, European Energy has secured or signed 15 CfDs or Power Purchase Agreements across its various markets.
[Image credit: European Energy]
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