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Italy solar installations rise to 485 megawatts-GSE

Rome,  May 24, 2009
Source: Reuters India

More than 38,000 photovoltaic (PV) installations that turn sunlight into power are currently on stream in Italy with a total capacity of 485 megawatt, the state-run power management agency GSE said on Sunday. PV installations mushroomed in Italy from about 22 MW in early 2007 after the government launched a new incentive plan, considered by analysts to be among the most generous in Europe.

GSE has issued its closely watched update of PV capacity in Italy during a meeting of energy ministers from the Group of Eight industrialized nations that runs in Rome May 24-25. (Reporting by Svetlana Kovalyova, editing by Maureen Bavdek)