White Paper /// Solar Renaissance in Italy
Italy, one of the earliest countries in Europe to reach market parity and with a 50 GW target for 2030, is now fully ready to take an influx of solar energy. As with any market parity (subsidy-free) country, many questions remain. The aim of this country report is to try to answer some of those questions by providing a comprehensive overview of the solar energy market in Italy, along with key insights into its regulatory framework, photovoltaic (PV) sector and the current challenges and opportunities for its solar industry.
Recently, Italy experienced a 7% growth in new PV installations in 2018 and was able to reach a cumulative installed PV capacity of over 20 GW. The emergence of large-scale unsubsidized PV projects and private power purchase agreements (PPAs) have shined a new light on the country’s solar market and have instilled new hopes in all stakeholders. This report is part of the preparation for the Solar Market Parity Italy conference that Solarplaza will host on 18 June 2019 in Milan. The goal of this one-day event is to bring together 200+ high-level attendees, from national and international developers and investors to manufacturers and consultants, to explore and contribute to the resurgence of the Italian PV sector.
Historical outlook of PV in Italy
Analysis of the current solar market