Skyworth PV Secures 10 MW Solar Project In Italy

Italian project award and further progress in France support the company's expansion in the European clean energy market.

Milan /PRNewswire/ - Skyworth PV, a global provider of photovoltaic solutions, has reached another milestone in its global expansion with the signing of an agreement for a 10 MW distributed photovoltaic power plant project in Ocre, a town in the Abruzzo region of Italy. This agreement marks the start of the project's construction phase. This latest success, along with the steady progress of a separate 10 MW project in Bordeaux, France, underscores the company's continued momentum in building a robust, scalable clean energy grid in key European markets.

The successful conclusion of the agreement in Italy exemplifies the disciplined implementation of Skyworth PV's international growth strategy and reflects the role of global renewable energy providers in supporting the global energy transition through bankable, long-term solutions.

1. Strategic focus: Targeting key markets and expanding European presence
Amid a dynamic and highly competitive global PV environment, Skyworth PV remains committed to its global strategy by prioritizing investments in established international markets with high potential. Italy, with its abundant solar resources and mature regulatory framework, has long been an important European market for the company. This new Italian project, in conjunction with other initiatives such as the 10 MW project in Bordeaux, France, contributes to the energy transition in Europe.

This development not only strengthens Skyworth PV's European project portfolio, but also lays a solid foundation for further expansion across the continent, as it strengthens operational execution and brand presence in regional markets.

2. Project snapshot: Building a green benchmark and providing clean electricity
The project is located on the border between the Italian regions of Lazio and Abruzzo and has an installed capacity of 10 MW. Once completed, it is expected to generate approximately 14.059 million kWh of electricity annually. This will significantly reduce local carbon dioxide emissions each year while ensuring a stable supply of clean electricity.

The project, which is now in the "Ready to Build" (RTB) phase, has secured a place in the Italian government's feed-in tariff auction mechanism, which supports future grid connection and long-term revenue stability.

3. Innovative model: Integrating local expertise and creating a new partnership paradigm
The project is being carried out by a joint venture between Skyworth PV and a local Italian partner. As the EPC contractor, Skyworth PV assumes full responsibility for the overall construction of the plant and the supply of key equipment.

The joint venture structure reflects Skyworth PV's focus on compliance and market-oriented localization in overseas markets. It combines the company's strengths in PV technology, product manufacturing, and project financing with the Italian partner's extensive knowledge of the local market, regulations, and resources. This collaboration facilitates efficient and legally compliant project delivery and creates a commercially sustainable model with shared risk, shared benefits, and complementary strengths. It offers a replicable and scalable model for cross-border partnerships, providing a benchmark for other globally expanding clean energy companies.

The successful contract signing in Italy and the steady progress in France mark a significant milestone in Skyworth PV's global journey. These projects reflect the company's long-term commitment to accelerating the global transition to clean energy and demonstrate its growing role in delivering reliable solar infrastructure to international markets.

Skyworth PV remains committed to deepening its global presence. By leveraging its advanced technologies and local partnerships, the company will further advance the global energy transition and expand access to clean energy for communities worldwide.