MILAN (Reuters) -
Italy's total capacity of the photovoltaic (PV) installations that turn sunlight into power has risen to 700.7 megawatts from 650 MW a month ago, the state-run energy management agency GSE said on Thursday.
The number of PV installations on stream in Italy, a major solar power market in Europe, rose to 56,285 now from about 53,000 a month ago, GSE said in an update on the sector.
Italy may well reach a total PV installed capacity of 800 MW by the end of this year and hit 1,200 MW by the summer of 2010, Gert Gremes, chairman of Italy's PV association GIFI told Reuters, confirming his earlier forecast.
PV installations mushroomed in Italy from about 22 MW in early 2007 after the government launched a new incentive plan that was among the most generous in Europe. The government intends to cut incentives to ease the budget burden.
The industry which needs clarity on new incentive scheme to plan future investments expects the government to announce its new plan by the end of this year or in January at the latest, Gremes said on the sidelines of a PV conference.
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