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).
As Italy’s solar market looks to be finding its feet after a decade of stumbling around below the 1GW mark, 2024 could be the year it starts to cover real ground again.
Greek renewables developer Mytilineos and regional utility PPC Group have signed a new deal to develop and construct 2GW of solar PV assets in Southeastern Europe.
Italian grid operator Terna has planned to invest €16.5 billion (US$18 billion) in the next five years to strengthen and expand Italy’s transmission grid.
US independent power producer (IPP) Enfinity Global has secured €25 million (US$27 million) in assetco financing towards the construction of a 134MW solar PV project portfolio in Italy.