TerniEnergia to Exceed 2009 Solar Targets
REUTERS - Italian renewable energy company TerniEnergia is set to exceed its 2009 target for new solar installations and may review 2010 and 2011 goals aiming to expand in the rapidly growing market, its chairman told Reuters.
Photovoltaic (PV) installations which turn sunlight into power have mushroomed in Italy since 2007 when the government approved new incentives, among the most generous in Europe. Investors ranging from families to utilities and from banks to sports car maker Ferrari have piled into the sector.
TerniEnergia, a leading PV system integrator, has built and prepared for grid connection about 22 megawatt (MW) of PV capacity in Italy so far this year, its chairman Stefano Neri told Reuters in a telephone interview.
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