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Italy solar industry wants improved incentive plan

REUTERS - Italian government should improve its new incentive plan for booming solar sector including tariff cuts and cap on subsidized capacity to ensure investment flow and steady industry growth, an sector body head said on Friday.

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Print February 1, 2010, 11:25 (CET)
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The government, which works on a new incentive plan as the current one is due to expire this year, has said it would cut incentives to ease the budget burden. It is expected to present the new scheme in mid-February.

Cuts in a key feed-in tariff proposed by the government for 2011 and the following 2 years are sharper than the industry has counted on and a cap on new capacity to be covered by incentives is too tight, Assosolare Chairman Gianni Chianetta said.

 

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