According to Reuters, the new plan for a solar energy subsidy program that the Italian government has extended for a long time is expected to be launched in April. According to Stefano Saglia, the Deputy Minister of the Ministry of Industry, the subsidy will be gradually reduced and implemented from 2011 to 2013 with a reduction of 5 to 6%. The larger the solar energy project, the smaller the amount of subsidies. The bigger it is.
Saglia pointed out that the reason is that some local government authorities and farmers’ lobby groups oppose the development of large-scale solar energy projects. In addition, the new plan has a cap capacity of 3,000 megawatts (MWp) within three years. Italy expects to have 8,000 MW of installed solar capacity by 2020.
Even if the subsidy is reduced, Saglia stated that Italy will continue to be one of the most generous countries in Europe for solar subsidies. Since Italy passed the current subsidy program in 2007, it has attracted investors from all over the world to invest in solar energy. When the installed capacity reaches 1,200 MW, the current subsidy is expected to expire in 2010.
Saglia pointed out that the reason is that some local government authorities and farmers’ lobby groups oppose the development of large-scale solar energy projects. In addition, the new plan has a cap capacity of 3,000 megawatts (MWp) within three years. Italy expects to have 8,000 MW of installed solar capacity by 2020.
Even if the subsidy is reduced, Saglia stated that Italy will continue to be one of the most generous countries in Europe for solar subsidies. Since Italy passed the current subsidy program in 2007, it has attracted investors from all over the world to invest in solar energy. When the installed capacity reaches 1,200 MW, the current subsidy is expected to expire in 2010.
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