Press Release

19 January 2024

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Solar PV Storage Italy

The Right Toolbox for Pushing Italy Towards 80 GW of PV by 2030

Learn how storage, PPAs, and other advancements shape the future-proof Italian solar business model

ROTTERDAM, THE NETHERLANDS - 15 JANUARY 2024 - After hitting a slump between 2014 and 2021, the Italian solar market has experienced landmark growth over the last two years and has closed in on 30 GW of cumulative PV capacity. But to achieve the ambitions of nearly tripling that number by the end of the decade, both government and industry will need to adopt serious changes to keep pace. The Solarplaza Summit Italy provides a crucial high-level platform for PV professionals to meet, forge connections, and discuss the regulatory changes, technological advancement, and business models that will drive the Italian energy transition.

In 2023, Italy upgraded its already substantial PV capacity base with 4.8 GW of new solar capacity, thereby again ranking as one of Europe’s largest three solar markets. The country is on track to meet the targets set in its National Energy and Climate Plan (NECP) for 2030, but will need to ramp up its efforts further to meet the more ambitious updated targets of the EU’s Fit-for-55 package. To achieve 80 GW of solar capacity by the end of the decade, an average of 7 to 8 GW of solar PV needs to be added annually from 2024 onwards. Though new measures to speed up the deployment of renewables are being adopted under the PNIEC, Italy’s renewable energy market growth is challenged by grid capacity and connection constraints, and cumbersome regulatory conditions.

For the industry to be able to ramp up, it’s looking towards the government to simplify authorization procedures for new plants and the repowering of existing ones; enhance support measures for community solar and self-consumption; encourage the PPA market; increase support schemes for solar; solidify legislation for Agri-PV; and - in general - come with more comprehensive long-term planning.

During the 8th edition of the Solarplaza Summit Italy, PV experts and professionals will share knowledge and practical experiences related to successfully financing and developing large-scale PV projects; navigating the red tape of its regulatory environment; playing the highly liquid PPA market; and making the best use of project hybridization. More than ever, the event will focus on highlighting the potential of energy storage, which - pushed by dedicated tenders - is set to become a big part of the Italian market. With its traditional focus of uniting international players with local professionals, the Solarplaza Summit Italy - hosted on the 11th of July in Rome - will once again be the key platform to acquire the knowledge and connections crucial to succeeding in Italy’s solar market.

Solarplaza Summit Italy | Solar & Storage
11 July 2024 - Rome
Tickets: €1195 (Late Bird) / €1095 (Regular) / €995 (Early Bird) / €895 (Very Early Bird)
Press contact: [email protected]
More info on our event website

This press release was created in preparation for Solarplaza Summit Italy. Be the first to know when the new edition will be held by signing up for updates.