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Suntech Power Holdings has secured more than 130MW in orders from Italy in 2009 and has now established a sales office in Milan to support its growing customer base. The booked orders indicate that the Italian market is finally picking up pace after only 12.5MW was installed in 2006 and 50.2MW installed in 2007, according to a recent EU-funded report.
"We have established a top tier customer base of companies that have long term solar plans and have already built an order book in Italy of over 130 megawatts for 2009,” noted Mauro Sgherri, Suntech's Director of Sales, Italy.
The Italian government solar subsidies range from €0.36/kWh for large ground-mounted PV systems to €0.49/kWh for building integrated PV systems, with a total installed target of 3,000MW by 2016.