Italy has actually broadened rewards for PV jobs utilizing EU-made modules under its Transizione 5.0 Tax Credit plan, providing to 35% protection and greater estimation bases for high-efficiency cells and modules.
January 10, 2025 Massimiliano Tripodo
Image: Ricardo Gómez Angel, Unsplash
From pv publication Italy
The Italian federal government has actually increased rewards for PV jobs utilizing EU-made solar modules under the Transizione 5.0 Tax Credit plan, a financial program targeted at transitioning commercial procedures to renewable resource.
The financial credits conceal to 35% of the expense of solar modules and are granted through tenders for jobs utilizing EU-made modules. The tax credit computation basis increases from 120% to 140% for cells with a minimum of 23.5% effectiveness and from 140% to 150% for modules with bifacial silicon heterojunction or tandem cells at 24% effectiveness or greater.
A 130% financial reward now uses to modules with a minimum of 21.5% performance.
The brand-new guidelines streamline financial investment brackets, lowering them to 2: approximately EUR10 million ($10.2 million) and EUR10 million to EUR50 million. The upgraded policy gets rid of the extra 20% to 25% tax credit formerly approved to tasks utilizing EU-made modules that cut energy intake by 6% to 15%.
The arrangements permit tax credits to be integrated with those for financial investments in southern Italy's Special Economic Zone and Simplified Logistics Zones, in addition to other EU rewards, offered they do not overlap on expense protection.
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