clearvise AG, a producer of electricity from renewable energy sources, has started construction work as scheduled at the Tezze project site in the northern Italian province of Vicenza.

With the start of the construction phase, clearvise is taking a tangible step towards implementing its secured project pipeline and underscoring the company’s operational strength.

The Tezze photovoltaic (PV) project originates from a co-operation within the clearPARTNERS programme and has a secured revenue basis: the plant, with an installed capacity of around 4.1 MWp, has been awarded a government tariff premium for a term of 20 years. The building permit was granted in the shortest possible time and has been legally binding since the beginning of November 2025. The solar park is being built on the site of a former quarry and is to be fully constructed in the course of 2026.

Bernhard Gierke, CEO of clearvise AG, commented: “With the Tezze PV park, we are starting construction of the first of three projects in Italy – on schedule and with a secured revenue base for 20 years. Italy is an attractive market with stable regulatory conditions and high solar irradiation. With this project, we are contributing to the decarbonisation of Italy’s power supply – in a market where solar energy still accounts for 14% of electricity generation. It also stands as an example of our business model: we develop plants with reliable cash flows from which our shareholders benefit.”

Construction work is progressing according to plan. Immediately after the handover of the site, extensive earthworks were carried out to level the construction area, and the substructure work for the access road was completed. In a further step, the foundations for the three planned electrical stations – two transformer stations and one distribution and grid connection handover station – were poured.

The PV field is divided into two subfields, one of which will be fully equipped with tracking systems, and each section has its own transformer station. Once the detailed plant layout has been completed, the next construction step will be the excavation of the cable trenches as well as fencing in the site.

Thanks to its long-term secured revenue base and high in-house value creation, Tezze is a commercially attractive project in a dynamically developing market. As a YieldCo, clearvise focuses on the operational earning power of its diversified European wind and solar portfolio. Shareholders are to participate sustainably in the portfolio’s stable earnings profile through a gradually increasing dividend.