big win, page-17

And the pressure on CBD to close the deal expeditiously and deliver quickly just got more intense as Italy plans to reduce the FIT for connected (not just built, but inspected and authorised and licensed) systems in July (a big ask - 50% of Italy's current PV is completed but awaiting authorisation for connection).

An industry analyst has suggested that PV systems in Italy are currently selling at nearly double the real cost because of the generous FIT. If the FIT is reduced to allow real rates of return of 1-2% above bank rate then the installed cost of large PV in Italy would have to halve! Bring it on. The market at those costs becomes unlimited.

So the FIT is due to reduce in July with a review of the entire PV cap and subsidy at that time.

All weekend leave is hereby cancelled.

http://solarindustrymag.com/e107_plugins/content/content.php?content.7410
http://www.rechargenews.com/business_area/politics/article247206.ece