Italy launching EUR-1.5bn measure for rooftop photo voltaic in agriculture

March 28 (Renewables Now) – A decree that gives for the launch of a EUR-1.5-billion (USD 1.65bn) measure to assist photo voltaic in Italy’s agricultural sector was signed on Friday by agriculture minister Stefano Patuanelli.

Funds for the initiative have been earmarked as a part of Italy’s Nationwide Restoration and Resilience Plan. A 40% share shall be devoted to financing initiatives within the areas of Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia and Sicily.

The measure’s goal is to assist the set up of 375 MW of photovoltaic (PV) panels on buildings within the sector, together with agro-industrial websites.

The ministry mentioned that the European Fee will now be notified after which a young searching for purposes for initiatives shall be initiated.

Help might additionally cowl prices of redevelopment and modernisation, together with, for example, insulation, which might contribute to higher situations for livestock.

The diversification in the direction of renewables may also assist to scale back power prices for firms within the sector, the ministry famous.

(EUR 1 = USD 1.100)

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