Policy status:Ended
Date Effective:2007
Date Ended:26 February 2007
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Energy Sector>Electricity Generation>Renewable
Agency:Ministry of the Environment and Land and Sea Protection
Funding:25 822 844 euros
Description:As announced by the Ministry of Environment and Land and Sea Protection, Italy plans to offer incentives for investment in renewable energy production. Qualifying production units include: - grid connected photovoltaic plants from 20 kW to 50 kW ; - wind energy plants from 20 kW to 100 kW; - solar thermal collectors from 50 m2 to 500 m2; - biomass plants from 150 kW to 1000 kW; For wind energy plants, solar thermal collectors and biomass plants, the refunds to capital costs can be up to 30 % of initial costs. For investment in solar PV, the incentives can reach 60% of the plants capital costs. In the case of photovoltaic plants, it is hoped that this incentive scheme will help to boost Italys installed photovoltaic capacity to 3,000 MW by 2016.

Last modified: Fri, 20 Jul 2012 11:20:27 CEST