Athens, Greece / London, United Kingdom – 11 February 2026 – METLEN partners with Acciaieria Arvedi, one of Italy’s leading steel producers, to secure access to Italy’s innovative Energy Release 2.0 mechanism promoted by Gestore Servizi Energetici (GSE).
The agreement will cover approximately 2.4 TWh of electricity supply for Acciaieria Arvedi, providing access to stable, and competitive electricity pricing – a critical factor for energy-intensive industries operating in today’s volatile European energy landscape. Within the framework of Energy Release 2.0, METLEN will commission approximately 170 MW of new solar capacity in Italy over the next three years. These projects will benefit from a fixed remuneration of €65/MWh guaranteed by GSE, through the so-called “Italian Model”.
European industry continues to face higher energy costs compared to global peers, placing pressure on competitiveness, and long-term industrial resilience. Energy-intensive sectors such as steel and non-ferrous metals are particularly exposed. Energy Release 2.0 offers an innovative framework that links industrial electricity supply with the accelerated deployment of renewable energy.
The agreement illustrates how large industrial players can collaborate across the energy and metals value chain to deliver tangible solutions to Europe’s energy cost challenge. By partnering with METLEN, Acciaieria Arvedi leverages a counterparty with deep industrial expertise, and a proven track record in delivering complex energy projects across Europe.
The projects will be developed and executed by METLEN’s Renewables & Energy Transition Platform, one of the leading contractors in Italy for large-scale solar and battery energy storage projects. Drawing on global experience, such as more than 6 GW of completed projects, over 5.0 GW currently under construction, and a development pipeline exceeding 8 GW, METLEN contributes insights that support the effective integration of solar with advanced battery energy storage.
