Bloomberg News

Italy Approves One in Six Solar-Power Projects Seeking Permits

December 16, 2011

Dec. 16 (Bloomberg) -- Italy’s renewable-energy regulator approved 507 commercial and utility-scale solar plants, or about one in every six projects seeking permits for the first half of next year.

The selected projects will be eligible for feed-in tariffs, or premium rates for solar power, after applying to the country’s second registry for new solar parks, the Gestore Servizi Energetici said today in a statement.

A further 2,548 projects weren’t approved because of a 150 million-euro ($195 million) spending cap on subsidies for the period.

To contact the reporter on this story: Marc Roca in London at mroca6@bloomberg.net

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net


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