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Thursday, 28 November 2024

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Italy reaches 100 MW of installed solar power

 

According to Gestore dei Servize Elettrici, the Italian feed-in tariff has yielded excellent results. Last week the country reached 100 MW of connected capacity thanks to this support system.

The incentive, which promises a feed-in tariff of 36 cents of euro per kWh fed into the grid by large solar photovoltaic plants (plus 8 cents of electricity price) was created to provide incentives for investors and developers to build new solar plants.

A similar system has been successfully implemented in Spain and Germany during the last years. The installed capacity also boomed in both countries as a result.

Gestore dei Servizi Elettrici, the public entity that manages the government's solar program, has already paid almost 30 m euros in incentives to the countries 10,000 plants. The market is expected to increase its capacity in the coming years to reach a size comparable to the Spanish solar industry.
 
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