MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: Italy’s Agrivoltaic Tender Request Surpasses 1GW Target

POWER
BulletPower BulletsEnergy BulletsCommodities

Italy received around 1.7GW developer requests to take part in the country’s 1GW agrivoltaic tender, with appeals amounting to around €920mn of grants, Italy’s Ministry of Energy said.

  • “Many weren’t expecting this much demand, so it was a surprise, but over and above the incentives it shows the market has discounted concern about agrivoltaics and is available to build these plants as the benefits are clear,” partner at developer ReFeel Matteo Donati said, cited by Montel.
  • Most of the requests were in southern Italy at 56%.
  • Participants will receive a 40% grant for projects, along with 20-year CfD starting at €85/MWh, plus €5/MWh for central Italy and €10/MWh for the north due to lower sunlight.
  • The 1GW of capacity is planned to come online by the end of June 2026, with up to 300MW for projects up to 1MW and the 700MW for solar projects of any side that includes at least one agricultural group. 
151 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Italy received around 1.7GW developer requests to take part in the country’s 1GW agrivoltaic tender, with appeals amounting to around €920mn of grants, Italy’s Ministry of Energy said.

  • “Many weren’t expecting this much demand, so it was a surprise, but over and above the incentives it shows the market has discounted concern about agrivoltaics and is available to build these plants as the benefits are clear,” partner at developer ReFeel Matteo Donati said, cited by Montel.
  • Most of the requests were in southern Italy at 56%.
  • Participants will receive a 40% grant for projects, along with 20-year CfD starting at €85/MWh, plus €5/MWh for central Italy and €10/MWh for the north due to lower sunlight.
  • The 1GW of capacity is planned to come online by the end of June 2026, with up to 300MW for projects up to 1MW and the 700MW for solar projects of any side that includes at least one agricultural group.