European Energy has commenced construction of a 225.5 MW agrivoltaic project in Sicily, Italy, following a final investment decision of more than €200 million. The project is expected to generate around 405 GWh of electricity annually, sufficient to power more than 135,000 households. European Energy will manage engineering, procurement and construction activities. The project is part of European Energy’s portfolio supported under Italy’s FER X Transitional Contract for Difference auction scheme.
In April 2026, European Energy signed a long-term power purchase agreement (PPA) with Mars for the Skuodas wind farm project in Lithuania. The project will have an installed capacity of 161 MW and is expected to generate around 490 GWh annually. Commercial operations for the project are targeted by 2028. Additionally, the project will help offset roughly 120,000 tonnes of carbon emissions annually.
In April 2026, European Energy divested Jonava hybrid renewable project in Lithuania to Energix. The project has a planned capacity of about 470 MW, combining 140 MW of onshore wind, 330 MWp of solar PV, and 320 MWh of energy storage. The project is scheduled to begin construction soon and is expected to commence commercial operations by 2027.
