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Italy Approves Offshore Wind Support Mechanism

POWER

Italy has approved legislation to support the development of offshore wind farms and other innovative renewable energy projects, enabling 4.6GW of renewables to be constructed by the end of 2028, it said, cited by Riviera.

  • The “FER2” decree will enable support through two-way CfD’s.
  • Italy has more than 15GW of offshore projects in its pipeline, most of which are located off the coast of Puglia, Sicily and Emilia Romagna.

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