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Following the amendment to the Quarto Conto Energia, GIFI, the Italian PV Industry Association, has said manufacturers are rising up to urge the government to repeal its decision on cutting FiTs for solar plants on agricultural land. Panic has spread through the PV manufacturing industry, where already financed projects will now not provide as much of a return as under the original legislation.
Under the requirements, PV systems must not exceed 1MW; they have to be situated at least 2km away from privately owned land and must not occupy more than 10% of the available land. Furthermore, the systems now must also be operational no later than January 24, 2013.
New Energy Projects said in a statement, "For these plants, the new law immediately destroys the right for remuneration (irrelevant of whether or not they are on List A)."
They assert that this new legislative measure will undermine the stability of the system and investor confidence.
According to pv magazine, German legal firm, Rödl and Partner agrees. In a separate statement released, it said, "The fact that, in the days before the official publication of the Decree Law, official versions were not circulated on the internet … the confusion and doubts about only a superficial handling of these themes by the responsible persons in the ministries and government are increased."