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Zenith Energy ( (GB:ZEN) ) has shared an announcement.
Zenith Energy Ltd. has announced a significant update regarding its solar project in Piedmont, Italy. The project, initially planned as a 7 MWp agrivoltaic development, has been reclassified as a 10 MWp solar energy project due to recent regulatory changes. This reclassification is expected to enhance the project’s economics, streamline its technical profile, and increase potential electricity production and revenue generation, thereby strengthening Zenith’s position in the Italian solar energy market.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
More about Zenith Energy
Zenith Energy Ltd. is an independent energy company listed on the London Stock Exchange and the Oslo Stock Exchange. It focuses on energy production, exploration, and development, with assets in North Africa, the US, and Europe. The company aims to develop proven revenue-generating energy production assets and engage in low-risk exploration activities.
Average Trading Volume: 819,589
Technical Sentiment Signal: Sell
Current Market Cap: £13.3M
Find detailed analytics on ZEN stock on TipRanks’ Stock Analysis page.