Italian government considers leaving solar subsidies unchanged

Facebook
Twitter
LinkedIn
Reddit
Email

The Italian solar industry looks set to receive a major boost after the government appeared to come out in support of leaving subsidies for pre-existing projects unchanged at a meeting with the four Italian solar associations. The meeting took place in Rome on Friday and relates to all projects connected to the grid before the end of 2011.

Two other major talking points emerged from the meetings to finalise Italy’s solar policy for the next five years: firstly, the introduction of incentives in line with the German model – around €0.25/kWh and a 30% cut from current levels; and secondly, limiting the potential annual subsidy burden to €6 billion by 2017.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“In order to ensure that PV can make a significant medium- and long-term contribution to the country’s energy portfolio, a greater sensitivity is being shown towards protecting the investments that have been made in photovoltaics,” said a spokesperson for Assolare, one of the four Italian solar associations present at the meeting. “We are looking towards the German model to help prevent market crashes and to protect the balance between small, medium and large plants, thus encouraging the whole chain.

''We are pleased to have reached a joint solution that will help install confidence in investors and the industry. The incentive system will link the value of rates to the volume of installations, while ensuring cost containment and sector development,” added Italy’s Industry Minister, Paolo Romani.

The policy review comes less than a month after the government dismissed plans to introduce an 8GW industry cap.

Read Next

November 14, 2024
Indian developer Tata Power Renewable Energy has commissioned a 126MW floating solar (FPV) plant in the central state of Madhya Pradesh, India.
November 14, 2024
China’s CHN Energy has grid connected the Mengxi Blue Ocean PV Power Plant Project, at 3GW the country’s largest single-site PV power plant.
November 14, 2024
The sixth PPE2 tender for ground-mounted solar ended up slightly oversubscribed as the French government tendered for 925MW of PV capacity.
November 14, 2024
In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.
November 14, 2024
The Northern Territory government in Australia has proposed developing an AU$400 million (US$259 million) renewable energy hub featuring six solar PV power plants in the region.
November 14, 2024
Australia’s Pacific Blue, a renewable energy generator and retailer, has been granted council approval for a 300MW solar-plus-storage expansion in North Queensland.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 19, 2024
Philadelphia, USA
Solar Media Events
November 20, 2024
Zhuhai, China
Solar Media Events
November 21, 2024
London, UK
Solar Media Events
November 26, 2024
Málaga, Spain
Solar Media Events
November 26, 2024
Warsaw, Poland