Rome
announced
yesterday
that
the
country’s
€6bn
($7.3bn)
annual
cap
on
solar
FIT
expenditures
had
been
exceeded,
setting
in
motion
a
45-day
countdown
until
Conto
Energia
V
goes
into
effect.
Last
week
Italy’s
ministers
of
economy,
environment
and
agriculture
signed
off
on
Conto
Energia
V.
The
new
regulations
include
a
variety
of
measures
aimed
at
slowing
and
reshaping
the
nation's
PV
market,
which
connected
a
world-leading
9GW
of
new
capacity
to
the
grid
in
2011.
Among
the
most
controversial
provisions
is
a
law
that
will
force
all
proposed
projects
above
12kW…