European Energy has taken the final investment decision (FID) on a 225 MW agri-PV project near Vizzini in Sicily, after securing support under Italy’s FER-X Contract for Difference auction. The project received its authorisation in 2023 and has now progressed following the successful auction outcome, which provides long-term revenue certainty. The project is scheduled to reach commercial operation by the end of 2027.
The project combines utility-scale solar power generation with continued agricultural activity. Elevated PV structures have been incorporated to allow farming operations to continue alongside electricity generation, enabling dual land use. Furthermore, it aligns with Italy’s long-term energy strategy and broader European Union decarbonisation objectives. Once operational, it is reportedly expected to be the largest solar park in the country.
In December 2025, European Energy secured planning approval for the 1.1 GW Upper Calliope solar farm near Gladstone in Queensland, significantly reducing development risk and advancing the project’s investment readiness. The project is backed by a 25-year power purchase agreement under which the entire solar output is contracted to Rio Tinto.
