Canada, June 12 -- Zenith Energy Ltd., the international energy production and development company, is pleased to note the European Commission's approval, announced on June 8, 2026, of a €23 billion Italian State aid scheme to support electricity production from renewable energy sources (the "Scheme"), a development the Company believes carries significant positive implications for its 188.5 MWp Italian solar development portfolio, held through its wholly-owned Italian solar subsidiary, WESOLAR S.R.L. ("WESOLAR").Highlights* The European Commission has approved a €23 billion Italian State aid scheme under the Clean Industrial Deal State Aid Framework ("CISAF") to support new renewable electricity generation in Italy, including s...