- Press Releases
March 28 (Renewables Now) - A decree that provides for the launch of a EUR-1.5-billion (USD 1.65bn) measure to support solar in Italy’s agricultural sector was signed on Friday by agriculture minister Stefano Patuanelli.
Funds for the initiative have been earmarked as part of Italy’s National Recovery and Resilience Plan. A 40% share will be dedicated to financing projects in the regions of Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia and Sicily.
The measure’s objective is to support the installation of 375 MW of photovoltaic (PV) panels on buildings in the sector, including agro-industrial sites.
The ministry said that the European Commission will now be notified and then a tender seeking applications for projects will be initiated.
Support could also cover costs of redevelopment and modernisation, including, for instance, insulation, which would contribute to better conditions for livestock.
The diversification towards renewables will also help to reduce energy costs for companies in the sector, the ministry noted.
(EUR 1 = USD 1.100)