Last year’s figures, however, still do not include new capacity coming from the revamping and repowering business. For 2018, local renewable energy association, ANIE Rinnovabili expects growth to be stronger.
In a short conversation with pv magazine, the CEO of Italy-based consultancy, Prothea Srl has provided more details on the 500 MW Italian pipeline of market parity PV projects, which it has jointly announced with Limes RE.
Through the operation, the fund bought 35 solar facilities located in the southern Italian regions of Apulia and Sicily, and in the northern region of Emilia-Romagna.
New additions for the first 10 months of this year totaled 352 MW, representing 12% growth compared to the same period a year earlier, and enough solar to meet 8.7% of total power demand.
According to a report from Italy’s GSE, solar power prices on the Italian wholesale electricity market last year were between 5% and 12% lower than the national reference price.
The Italian government-run energy agency, GSE has made it clear that the so-called “Tremonti ambientale” fiscal incentive can only be combined with the incentives of the first two Conto Energia programs.
The Italian government has planned to phase out coal power production by 2025, and has set a 2030 renewable energy target of 27%.
While expecting the announcement of a new energy strategy that could envisage more than 30 GW of additional solar between 2020-2030, the Italian solar sector discussed how to deal with current market conditions and facing the future with optimism at Key Solar, a brand new solar event.
The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.
A total of 20,000 sonnen home batteries are to be delivered in Italy by German company sonnen over the next 24 months after an €80 million ($94 million) deal with a newly formed alliance of regional installers.
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