Enetronica reports revenue and profit drop for 2016
The Italian solar developer saw its turnover and profits decline slightly last year. The company acquired Italian solar inverter manufacturer Elettronica Santerno in late 2016.
Enel Green Power more than doubles global solar capacity in 2016
The renewable energy unit of Italian utility Enel installed 763 MW of additional solar capacity in 2016. Most of this capacity is located in Latin America and South Africa.
Italian PV demand maintains steady pace in January, new opportunities for business
The Italian PV market maintains its path of stable growth in January with approximately 25.7 MW in new systems. Meanwhile, the local government agency GSE has published new rules for the revamping and repowering of existing installations. The Italian renewable energy sector believes that the new rules will create new business opportunities for both solar manufacturers and developers.
Enel Green Power converts Italian module factory to production of bi-facial, heterojunction technology
Italy’s ENEL will invest €80 million ($84.4 million) to convert its PV module manufacturing facility, in southern Italy, from amorphous silicon to bi-facial heterojunction modules. ENEL expects to launch its new modules in 2018 and to reach a capacity of 240 MW in 2019.
Italy installed 369 MW of new PV systems in 2016
The Italian solar market grew by 22% in 2016. The country added 369 MW of new PV systems last year. This growth was mainly driven by tax breaks for the residential sector and the regulation for self-consumption. Most of these systems have a power of up to 100 kW.
EU project aims for improved solar-based hydrogen
The €2.5 million EU Horizon 2020 project coordinated by HZB tests materials to stabilize a membrane for photovoltaic-based hydrogen production.
NextEnergy Capital acquires 16 MW Italian solar portfolio from Veronagest SpA
The London-headquartered renewable energy merchant bank signs share purchase agreement to acquire five Sicilian solar parks built by SunPower and developed by Italy’s Veronagest SpA.
Etrion repurchases €40 million in bonds
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
Italy’s PV sector considers legal actions
ANIE Rinnovabili, the country’s solar PV sector voice, is weighing actions against the feed-in tariff (FIT) cuts recently imposed to existing photovoltaic installations. Tariff reductions were absolutely unnecessary, the energy association says.
Italian net metering expanded up to 500 kW
Italy has raised the upper limit for net metering in the country from 200 kW to 500 kW per installation. The measure is set to boost the commercial rooftop PV sector.
