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Italy

ABB exits solar inverter business

This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.

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Italy’s FuturaSun opens 500 MW module fab in China

The company has opened a 500 MW factory in Jiangsu province. The fab will produce monocrystalline multi-busbar modules and, according to FuturaSun, plans are already under way to double its capacity as it continues to take the fight to the big boys.

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Unsubsidized solar all set to break the bank in Italy

The Solar Market Parity Italy 2019 event organized by Solarplaza in Milan last week gave an insight into the Italian large scale PV market by forecasting the trajectory of the segment and highlighting issues investors and developers may encounter.

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Another €4.4 million for solar-plus-storage incentives in northern Italy

After earmarking €3 million last year and €4 million in 2017, the Italian region of Lombardy has decided to further support residential and commercial storage projects linked to renewables.

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Edison acquires EDF’s Italian solar generation assets

By adding 77 MW of solar generation capacity and 256 MW of wind assets the power company wants to become number two in the Italian wind sector and engage in a significant development of solar.

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Europe’s 2050 carbon neutrality plans back on the agenda

Reports about a leaked document suggest that Germany, Italy, Greece and Slovakia have joined a group of EU member states that support a carbon neutrality bill. Germany refused to support such plans in March, but with political support for the German Green Party skyrocketing, Chancellor Angela Merkel is likely to revise her government’s position. With Germany now on the ticket, a plan could be finalized at some point this year.

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Copper iodide, another option to stabilize perovskite cells

A research team from Russia’s institutes NUST MISIS and IPCE RAS, and Italy’s University of Rome Tor Vergata, have applied an additional layer of p-type copper iodide semiconductor between perovskite and the hole-transport NiO layer of the cell. According to the scientists, this inorganic material is more accessible and easy-to-use.

EU approves Italy’s auction scheme for renewables

The €5.4 billion program is expected to spur new growth in large scale PV while also providing incentives for rooftop systems. Originally scheduled for January, the country’s first technology neutral clean energy auctions – which will provide additional incentives EV charging-linked projects – may be held in the months ahead.

Enerray enters insolvency proceedings

Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business.

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Italy installed 105 MW of solar in Q1 2019

Although the Italian PV industry only posted a slight increase compared to the first quarter of the previous two years, the market has continued to grow at an average of around 30 MW per month over the past five years, while still being driven by rooftop solar. More growth is expected from the PPA segment and upcoming auctions. The European Commission still needs to approve a decree regulating the country’s procurement scheme, however.

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