Italy plans to introduce auction scheme for large-scale solar starting 2020
In the country’s new energy strategy, the Italian government is planning to phase-out coal power plants starting 2025, and to support utility-scale PV projects through long-term PPAs.
Italian solar fund Tages Helios raises another €55 million
The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.
Ecosummit 2017: Eneco Group to invest in Next Kraftwerke
Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.
Italy opens ancillary services market to pilot renewable energy and storage projects
The project is the initial stage of an organic reform of the Italian ancillary services market, which is expected to be implemented in accordance with the European balancing code.
Italy issues new regulation to promote solar and renewables in non-interconnected islands
The new rules will apply to the country’s 20 minor islands that have no connection with the national grid. Solar installation will be entitled to receive a premium tariff for both injected and self-consumed power.
Solbian inaugurates 16 MW flexible solar cell factory in Italy
The Italian manufacturer of crystalline silicon flexible solar modules began production of solar cells in late 2016. The factory is located near Torino, in northern Italy. The cell technology is being provided by Italy-based renewable energy company Day4 Europe.
Italy installed 84 MW of PV in first quarter 2017
The southern European country added new PV systems totaling 32.6 MW in March. Meanwhile, solar covered around 8.8% of Italy’s electricity demand last month, and 5.8% in the first three months of this year.
Cubico buys 105.6 MW of PV plants in Italy
The British renewable energy infrastructure company has agreed to acquire 18 solar facilities located in Italy from a joint venture between U.S. companies Riverstone and SunEdison.
Italian Revenue Agency says PV system owners can take advantage of super-amortization on investment goods
The Italian Revenue Agency has finally made clear that PV systems must be considered movable property. As a result, solar modules and other components installed in PV installations can now be depreciated by applying a coefficient of 9% instead of 4%.
Italian solar market expected to grow by another 1.5 GW by 2020
The Italian energy agency GSE forecasts that a further 1.5 of PV capacity will be installed by 2020. Good business opportunities are also expected to come from the storage sector.
