Solar firms submitted over 1,300 expressions of interest to the latest Italian government renewable energy tender, for a combined 17.5GW of proposed generation capacity.
Held by Italy’s energy management agency Gestore dei Servizi Energetici (GSE), the tender will allocate €323 million (US$349 million) to fund agriPV projects.
More than half of Italy’s installed solar capacity is subject to a new law that requires plant owners to pay the country’s government an increase in profits resulting from high electricity prices, according to a board member of trade body Italia Solare.