The Italian government has banned solar PV installations on agricultural land in a move that the nation’s solar trade association said would cost Italy €60 billion (US$64.5 billion).
Italy is on track to have its best year for solar PV deployment in a decade as installs jumped during H1 2022, according to new figures from industry association Italia Solare.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
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.
A new policy in Italy that claws back the profits of solar PV projects will undermine investor confidence and jeopardise the European Union’s clean energy transition, a group of trade associations, including SolarPower Europe, has warned.
Italy’s government will limit the windfall profits of some feed-in tariff-backed solar PV projects that have been able to benefit from rising energy prices.
