28 Jul '15, 11am

Hopes grow for Italy policy rethink as court backs industry’s case

The court’s decision is an important step in challenging retrospective adjustments to solar support. Source: Phoenix Power. Efforts to force the government to reverse policy decisions that damaged the solar industry received a boost when the constitutional court in Rome accepted the legitimacy of the case. The court’s decision is an important step in challenging retrospective adjustments to solar support that forced owners to accept a new payment schedule and either an absolute cut in their tariff or a reduction in the term of support from 24 to 20 years. Agostino Re Rebaudengo, president of industry group assoRinnovabili, said he hoped the government would take the opportunity to overturn its previous decision in the imminent Green Act legislation. He also said international arbitration efforts led by foreign investors would also be solved if the government abandoned the ...

Full article: http://www.pv-tech.org/news/hopes_grow_for_italy_policy_r...

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