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Italian Constitutional Court Backs Feed-in Tariff Cuts – What's Next?

On 24 January 2017, the Italian Constitutional Court published decision no. 16/2017 confirming the constitutional legitimacy of the so-called spalma incentivi law, which reduced the feed-in tariffs for photovoltaic plants...more

Italian Revenue Agency Ruling Reaffirms that the Substitute Tax Applies to Refinancing Transactions

A recent ruling by the Italian Revenue Agency has reaffirmed the applicability of the Italian “substitute tax” to medium to long term loans in refinancing transactions. This had previously been denied in a controversial...more

11/1/2016  /  Italy , Loans , Refinancing

Italy: New Incentives for Renewable Energy Plants

In Depth - On 30 June 2016, the long awaited new Ministerial Decree providing incentives to electricity production from renewable energy sources (RES) other than photovoltaic (PV) energy entered into force after its...more

Key Developments in The Photovoltaic Sector in Italy

In Depth - In 2015, solar photovoltaic (PV) systems in Italy generated 24,676 GWh of electricity, representing 9.1 per cent of Italy’s domestic electricity production and 7.8 per cent of the country’s overall...more

Property Tax on Italian Photovoltaic Plants to Decrease Sharply

There is good news for owners of photovoltaic (PV) plants in Italy. In circular no. 2/E, released on 1 February 2016 (the circular), the Italian Revenue Agency has provided official guidance on new rules enacted by on 28...more

Italy: Administrative Court Refers Feed-in Tariff Reductions to the Constitutional Court

On June 23, the Regional Administrative Court of Latium (TAR Lazio) finally handed down its decision to refer the question of the constitutional legitimacy of Article 26, paragraph 3 of D.L 91/2014 (the spalma-incentivi) to...more

GSE Guidelines for Modifications to PV Plants

On 1 May 2015, the Gestore dei Servizi Energetici (GSE) published the Regole per il mantenimento degli incentivi in Conto Energia (the guidelines). This is a set of guidelines for the implementation and communication of...more

5/22/2015  /  Italy , Solar Energy , Solar Farm

Italy withdraws from the Energy Charter Treaty

Italy is reported to have given formal notice to withdraw from the Energy Charter Treaty (ECT). Rumours of Italy’s intention to leave the ECT had been circulating since last autumn. IAReporter now revealed that Italy...more

4/21/2015  /  Energy Charter Treaty , Italy

Italy: GSE Claims Reimbursement of FiT Payments from Conto Energia I Plant Owners

Owners of early generation Conto Energia I photovoltaic (PV) plants are currently receiving letters from the Gestore dei Servizi Energetici (GSE) announcing that it will adjust the Feed-in Tariff (FiT) downwards and claim...more

4/3/2015  /  Energy Sector , Italy , Power Plants

Italy: Incentive Regimes for Renewable Energy Plants

The introduction of retrospective tariff cuts to photovoltaic (PV) plants and the abolition of the Robin Tax by the Italian Constitutional Court, combined with simplified regulation and taxation of new forms of debt...more

Italian Parliament Approves Final Rules on Changes to Feed-in Tariffs for Photovoltaic Plants

On 7 August 2014, the Italian Parliament approved the conversion into law of Law Decree no. 91 /2014 (the Decree) regarding, amongst other matters, “urgent measures … for the limitation of costs applied to electricity...more

8/13/2014  /  Energy , EU , Feed-in-Tariffs , Solar Energy , Tariffs

Italian Government Cuts Incentives for Photovoltaic Plants

The final wording is not yet official, and there may still be some last minute changes before its publication in the Official Gazette, but the Italian Ministry of Economic Development and the Ministry of Finance felt certain...more

Acquiring Italian Distressed Renewable Energy Assets -- Handling Contractual Relationships with Insolvent Companies

Cuts of incentives, increase of competition and the economic crisis have driven many Italian renewable energy companies into financial distress. Dealing with distressed companies involves additional risks and, for foreign...more

Italy: Government Extends Scope of Application of “Robin Hood Tax”

On 21 June 2013, Law Decree no. 69 of 21 June 2013 (the Decree) was published in the Official Gazette. Among many other provisions aimed at supporting the Italian economy, the Decree significantly extends the scope of...more

Italy: Euro 6.7 billion Cap for Photovoltaic Incentives Reached

On 6 June 2013, the Italian Authority for Electricity and Gas (AEEG) announced that the overall annual expense cap of €6.7 billion for incentive payments payable to photovoltaic (PV) plants in Italy has been reached....more

6/10/2013  /  Deadlines , EU , Incentives , Photovoltaic
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