Italian subsidy cuts deadline could be pushed back, reports Deutsche Bank

May 14, 2012
Facebook
Twitter
LinkedIn
Reddit
Email

Italy could alter its subsidy cuts deadline from July 1 to October 1, reports Deutsche Bank. At a technical meeting of state regions conference last week, former undersecretary of industrial activity, Stefano Saglia, announced the current Conto Energia 4 would remain in place until the €7 billion limit were reached if this change was to occur.

Analysts at Deutsche Bank state, “Our checks indicate a sizeable amount of developed/permitted projects could be constructed if subsidy cuts were pushed out until October. IRRs for the sub 1MW rooftop markets are already very attractive and additional module price declines could stimulate the market further. We estimate additional 1.5-2GW of demand could be created in the three-month period if subsidy cuts are pushed out.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The overall European outlook remains murky, according to Deutsche Bank. Although the Q3 Italian demand would improve global quarterly demand somewhat, it would slow demand in other sectors. The Deutsche Bank group is predicting increased supply from polysilicon and tier 2 module suppliers and an eventual reduction in demand from unsustainable markets such as Italy and Germany. The next few weeks could see rushed orders from major markets in Europe coming to an end, as installers remain cautious about 2H demand.

Chinese suppliers on the other hand are running at high utilization rates, which Deutsche Bank believe could result in some inventory restocking across the European warehouses in the next one to two months. “But a potential reduction in European demand along with increased poly supply means another leg down in poly pricing looks likely in 2H.”

Read Next

October 27, 2025
Chinese engineering firm Shanghai Electric has signed an engineering, procurement, and construction (EPC) contract with independent power producer (IPP) Econergy to build a 342MW solar PV plant in Romania.
October 27, 2025
Engie has signed additional PPAs with Meta, expanding their partnership to more than 1.3GW across four solar projects in Texas.
October 27, 2025
Waaree Energies has secured four solar module supply contracts totalling 692MW – three for projects in India and one in the US through its subsidiary.
October 27, 2025
Chinese polysilicon producer Daqo New Energy saw an increase in sales and profits in Q3 2025, as the sector looks to address ongoing oversupply and financial losses.
October 27, 2025
Global corporate financing in the solar industry reached US$6.5 billion in the third quarter of 2025, a 14% increase from the same period a year ago.
October 27, 2025
Premier Energies has acquired a 51% stake each in transformer maker Transcon and inverter producer KSolare Energy. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal