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Zenith Energy Acquires 9-MWp Solar Project in Italy

MT Newswires·09/17/2026 06:43:33
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06:43 AM EDT, 09/17/2026 (MT Newswires) -- Zenith Energy (ZENA.OL) acquired the 9-megawatt-peak Stradella 1 ground-mounted solar photovoltaic project in Lombardy, Italy. The project, which has an installed capacity below 10 megawatts, would lift Zenith's solar development pipeline to 212 MWp, bringing it closer to its 240 MWp target by the end of 2026, the London-listed energy production and development company said in a Thursday release. Stradella 1 spans over 9.5 hectares of land, with an agreed land price of 85,000 euros per hectare, for a total consideration of 807,500 euros. Zenith said the deposit will be paid only following formal acceptance of the grid operator's formal proposal setting out the plant costs.