Italy sets 27 August cut-off date for move to new FIT regime

27 August has been fixed as the cut-off date for PV systems in Italy hoping to qualify for the current feed-in tariff (FIT) system, after which all installations will be governed by a new regime, Conto Energia V.

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…

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