Mon, Mar 2, 2015, 8:43 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

ReneSola Ltd. Message Board

  • fantasy_fb2002 fantasy_fb2002 Mar 2, 2011 2:33 PM Flag

    PVTECH: No Cap Expected In Italy (link)

    No Cap Expected in Italy
    02 March 2011

    Concerns over the revisions to the Italian PV feed-in tariff being aggressively adjusted downwards and even the imposition of a installation cap are looking less likely, according to a research note from Barclays Captial analyst, Vishal Shah. Political posturing in recent days, indicates that Italian Government ministers are not supporting any FiT system that would include a cap.

    It was suggested that an 8GW cap could be introduced after the massive increase in installations and requests for connection had been received by the GSE body. Trade groups had suggested a cap being introduced, targeted at 12GW.

    However, according to Shah;

    The Minister of Environment made a statement yesterday on the need for a gradual decrease of the incentive burden as opposed to a complete freeze of incentives. Even today, at Enel's carbon sequestration opening ceremony, the Environment Minister made a statement to the press that as far as she was concerned, there will be NO cap of 8GW, and that the language of the draft decree was still under discussion/negotiation.

    A final draft of the expected FiT changes was said to be written tonight and will go to the council of ministers for a discussion tomorrow.

    http://www.pv-tech.org/news/no_cap_expected_in_italy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
SOL
1.37+0.04(+3.01%)Mar 2 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
SBA Communications Corp.
NASDAQMon, Mar 2, 2015 4:00 PM EST
NXP Semiconductors NV
NASDAQMon, Mar 2, 2015 4:00 PM EST