Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.
Country fails to dismiss case brought by bankrupt developer over losses from FiT changes, joins Spain among EU states risking multi-million payouts for policy u-turns.
Islands in the EU can now benefit from a support mechanism for new renewable energy and energy efficiency projects, while island-focused secretariat visits Menorca and Italian islands.
Could subsidy-free revive Italy's industry after years of paralysis? Association ANIE Rinnovabili walks PV Tech through the road ahead for Europe’s slumbering PV giant.
Italian oil giant Eni, through its subsidiary Eni New Energy, has started construction of a 31MW solar PV plant at the Porto Torres industrial site in Sassari on the island of Sardinia.
Independent Solar Power Producer (IPP) Sonnedix has bought a portfolio of 28 solar PV plants from Italian energy company Graziella Green Power S.p.A., with a combined capacity of 53MW. Financial details were not disclosed.
The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.
