Italian solar capacity to reach 7,000 MW

subscribe

Italy's total installed photovoltaic capacity may reach 7,000 megawatts by the end of June due to a rush to sign up for expiring incentives, a senior official at Italy's state energy services agency GSE said.

"I think we can arrive at 7,000 megawatts at the end of June," Gerardo Montanino, director of GSE's operating division told Reuters on the sidelines of a photovoltaic conference in northern Italy.

Under a special decree passed last year, Italy extended generous incentives, which expired at the end of 2010, to about 4,000 MW of capacity reported as installed by the end of last year if it is connected to the grid by the end of June 2011.

"Some 200 MW out of these 4,000 MW became operative in December, and I believe that at least another 3,000 MW will be connected by the end of June," Montanino said.

He said it was difficult to forecast capacity growth at the end of 2011 because of uncertainty over a new incentive scheme, which is yet to be approved by the government.

Italy's solar market has boomed since 2007, when the government boosted production incentives, attracting the world's biggest photovoltaic module makers such as China's Suntech Power Holdings Co, Trina, Yingli Green Energy and U.S. firm First Solar.

The government wants to cut the generous support to ease the burden on consumers, who pay for the incentives in power bills. Rome was due to approve a new incentive decree by the end of April but the government is still ironing out its details.

Montanino said he hoped Italy's Industry and Environment ministers would sign off on the decree soon.

Delays with the much-awaited new support plan have forced many sector operators and investors to review their business strategies for Italy and some have started cutting jobs, Valerio Natalizia, chairman of Italy's biggest photovoltaic energy body, GIFI, told Reuters at the conference.

"Uncertainty is devastating, every day of delay with the new decree creates greater damage to the sector," Natalizia said.

Italy was the world's second-biggest solar market in terms of new installed photovoltaic capacity — that turns sunlight into power — in 2010.

Italy added about 2,300 MW of photovoltaic capacity in 2010 to reach a total of about 3,400 MW total capacity at the end of last year, according to GSE.

Related News

wind turbines pincher creek

Alberta is a powerhouse for both green energy and fossil fuels

CALGARY - By Chris Varcoe, Calgary Herald

A few things are abundantly clear about the state of renewable energy in Alberta today.

First, the demise of Alberta’s Renewable Electricity Program (REP) under the UCP government isn’t going to see new projects come to a screeching halt.

In fact, new developments are already going ahead.

And industry experts believe private-sector companies that increasingly want to purchase wind or solar power are going to become a driving force behind even more projects in Alberta.

BluEarth Renewables CEO Grant Arnold, who spoke Wednesday at the Canadian Wind Energy Association conference, pointed out the sector is poised to keep…

READ MORE
washington-state-ferries-hybrid-electric-upgrade

Washington State Ferries' Hybrid-Electric Upgrade

READ MORE

ieso

New Electricity Auctions Will Drive Down Costs for Ontario's Consumers

READ MORE

Climate change: Electrical industry's 'dirty secret' boosts warming

READ MORE

ALBERTA EV

How Alberta’s lithium-laced oil fields can fuel the electric vehicle revolution

READ MORE