BNZ gets EIB loan for 700-MW solar pipeline in Spain, Italy, Portugal
Sep 18, 2024 15:12 CESTA day after the Italian right-wing coalition passed rules to limit solar panel installations on agricultural land, electricity sector association Elettricita Futura warned that this move would risk the country’s decarbonisation goals.
The industry body said in a statement that the new rules, which need to be cleared by both houses of Parliament, could make the development and construction of ground-mounted solar power plants more costly, affect other government measures such as those linked to the development of green hydrogen, and even hurt energy-intensive companies that would otherwise seek to secure low-cost energy supply under long-term contracts.
Just recently, Italy, as part of the G7, committed to tripling its installed renewable power generation capacity by 2030. According to the lobby, the country currently has 66 GW of renewables installed which means it would have to reach 198 GW within seven years. It also calculates that to meet this target, Italy would need to rely on less than 1% of its “non-valuable” agricultural land.
Elettricita Futura stressed that solar PV and agriculture are not in opposition and added that photovoltaics could even provide an important additional source of income for agricultural entrepreneurs.
BNZ gets EIB loan for 700-MW solar pipeline in Spain, Italy, Portugal
Sep 18, 2024 15:12 CESTGE Vernova, Lizard form JV to deliver over 1 GW of renewables in Italy
Sep 16, 2024 11:29 CESTItaly's Eni seeking to sell more of Plenitude's shares - report
Sep 16, 2024 10:10 CESTTrina Solar's intl biz gets EUR 150m to transition to European IPP
Sep 11, 2024 16:03 CESTEllomay Capital to draw EUR-100m loan for Italian solar portfolio
Sep 11, 2024 13:40 CESTEnfinity, steel maker Feralpi ink PPA for 15.5 MW of Italian solar
Sep 11, 2024 10:25 CEST