US-based Alternus Clean Energy is set to begin construction of its first Italian solar project in Q2 2025, with completion expected by mid-2026. The project is anticipated to generate $2 million annually over its 30-year lifespan, with an 80% EBITDA margin. The full portfolio of 11 projects is scheduled to reach development milestones by Q4 2025 and Q1 2026, potentially yielding $25 million in annual income or $50 million in equity value if sold. The first project has successfully passed a 60-day challenge period and secured all necessary permits, ensuring regulatory compliance.
Regulatory Greenlight for Alternus’s Italy PV portfolio
Construction of the first of 11 solar projects in Italy is expected start Q2 2025, and to be completed by mid-2026. (Image Source: Alternus Clean Energy)
The plan was approved following the Ministry of Finance’s Reference Price notification to regulate imports. (Image Credit/Source: AI generated)
Rooftop solar at the Zhejiang center lowers operational costs and delivers 730,000 kWh of clean energy annually. (Image Source: Astronergy)
MLP&T’s solar project spans 1 million square feet, reducing 282,000 metric tons of carbon emissions over its lifespan. (Image Source: Chaberton Energy)
The 2,400-acre solar energy project at NNSS is part of the DOE’s Cleanup to Clean Energy Initiative. (Image Source: Estuary Power)