Tax cut for Italian energy firms ‘offsets’ shrunken FiT

Facebook
Twitter
LinkedIn
Reddit
Email

The repeal of a so-called Robin Hood tax on Italian energy firms could offset recent reductions in the feed-in tariff, according to independent power producer Etrion.

A court ruled last week that the levy – which increased corporate tax on most energy companies from 27.5% to 34% – was unconstitutional.

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 reduction of the Italian corporate income tax rate applicable to our solar parks is a significant benefit for us,” said Marco A. Northland, CEO, Etrion. “This change is expected to increase cash distributions from our 60MW portfolio in Italy by almost US$1 million per year, offsetting the effect of the recent reduction in the Italian feed-in-tariff.”

In 2008, large energy companies in Italy had their tax rate hiked to 38% with renewable energy companies also made liable for the higher bracket in 2011. In 2013 the revenue threshold for the tax was lowered drawing in more companies.

Last year the rate was reduced to 34% but energy companies have now successfully challenged it as unconstitutional for its prejudicial treatment of the sector.

A number of firms, including ENEL Green Power and ForVEI have portfolios in Italy equal to or greater than that of Etrion.

Read Next

October 13, 2025
France’s Engie and the UAE’s Masdar have been chosen to jointly develop a 1.5GW PV power plant near Abu Dhabi.
Premium
October 13, 2025
Brett Beattie of Castillo Engineering looks at some of the key land grading work that can make multimillion-dollar differences to projects.
October 13, 2025
Korean chemical production firm OCI Holdings has acquired a 65% stake in a Vietnamese solar wafer production plant, intending to export solar wafers to the US.
October 13, 2025
The world is on pace to exceed 3TW of cumulative solar installations by the end of the year, according to a report from DNV.
October 13, 2025
The Trump administration has cancelled the 6.2GW Esmeralda 7 solar project in Nevada – once touted as one of the largest in the world.
October 13, 2025
Two Chinese state-owned energy enterprises have signed cooperation agreements on PV and wind power projects with Saudi companies, with the total contract value exceeding RMB30 billion (US$4.2 billion). 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK