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Italy awards 1.1 GW of non-Chinese solar capacity at 17% higher price

Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.

Italy awards 1.1 GW of non-Chinese solar capacity at 17% higher price

SectorÉnergie Solaire, Photovoltaïque
ThemeInvestissements & Transactions, Financement, Développement de projets

Italy awarded more than 1.1 gigawatts of capacity to 88 solar projects in its first auction limited to installations built without Chinese-manufactured equipment. The scheme, marking a shift in European industrial policy, closed with an average tariff of €66.38 per megawatt hour, 17% higher than that of Italy’s previous unrestricted auctions.

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Énergie Solaire