The government indicated it will not place an 8GW cap on total PV installations in Italy, the world’s second largest market. But it failed to clarify feed-in tariff (FIT) levels for projects connected to the grid after 31 May, when the current FIT regime expires.

The announcement drew mixed to bearish reactions from solar analysts, who say it will fuel another race to install and connect projects in the first half of the year, while freezing investment for projects on a later schedule.

Ultimately,