Edison will launch next year renewable power projects worth more than $700 million (600 million euros) that will add over 500 megawatts to its renewables capacity in Italy, the Italian energy group said on Thursday.
The Italian firm, part of France’s EDF Group, currently has another 250 megawatts (MW) of renewable energy projects under construction.
The new construction will launch in 2026 and, according to estimates, will employ a total of around 1,000 workers and 200 supplier companies.
The new projects, most of which would be the result of the wind and photovoltaic auction and partly developed on the market, include over 300 MW of wind power and about 200 MW of new solar photovoltaic power. The projects will be concentrated mainly in the Italian regions of Piedmont, Abruzzo, Campania, Puglia, and Sicily.
Edison is accelerating its growth in renewables, “with the aim of doubling our installed green capacity in the coming years and making a concrete contribution to achieving the country’s decarbonisation targets,” Edison CEO Nicola Monti said.
Between January and October 2025, Edison raised investments by 38% compared to the same period in 2024 and completed about 200 MW new renewable energy installations on schedule, said Marco Stangalino, Executive Vice President Power Asset Edison.
“In 2026, we will complete an additional 250 MW of wind and photovoltaic plants, in addition to opening further construction sites for over 500 MW,” Stangalino added.
“At the same time, if regulatory conditions allow, we are working to equip the system with the necessary flexibility and storage tools, such as hydroelectric pumping.”
The construction sites to be launched will also benefit from the agreement Edison signed last month with the European Investment Bank (EIB) for financing of up to $934 million (800 million euros).
Edison is committed to increase its generation from renewable sources to 40% of its power generation mix by 2030.
By Tsvetana Paraskova for Oilprice.com
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