Since 2007 Italy has targeted legislative incentives to make a transition to clean energy sources.
2010 was a record for Italy with 4000 MW, but 2011 will be a mega because by mid-year total installed capacity is expected to reach 7 GW of solar power on the grid.
“Some 200 MW out of these 4,000 MW became operative in December, and I believe that at least another 3,000 MW will be connected by the end of June,” Gerardo Montanino, director of the state services agency told Reuters.
How far Italy has exceeded that required EU standards by the Kyoto agreement, the government wants to suspend subsidies.
This forces companies and investors to review their business strategies for Italy.