Future of Italy's PV industry in Government hands

According to a recent study of I-com research institute, the possible impact and contribution of Solar PV Industry on Italian Market would be quantifiable in Italy by an esteemed 22 billion in value added for the Italian economy, 45 thousand jobs for the next twenty years and 6 million tonnes less CO2.

Nevertheless, Italy's photovoltaic sector, in comparison to other markets, is still far behind in development. In 2009 Italy almost doubled installed capacity compared to previous years and Italy since year end 2009 approached the level of 1000 MW installed (760,4 MW within nuovo conto energia), but compared to other countries like Germany or Japan, such levels were already surpassed six years ago, back in 2004.

Italian Solar PV Industry in terms of employment and economic value added is already bearing its first fruits. Now, in coming weeks, it us up to the Italian government to finally decide on the new incentive regime of PV to follow 2010 in order to consolidate the development of an area that could contribute significantly to the competitiveness of Italy.


Sources: Energia-blog | Authors:  9Colonne, I-com research institute.