Italy's new solar energy plan to cut 45%

Foreign reports, the Italian Environment Minister Stefania Prestigiacomo said on the 4th that with the Ministry of Industry reached a consensus on the solar subsidy program, it is expected that the new subsidy program will reduce the subsidy rate by 45%, the relevant draft will be sent to the Cabinet on the 5th. It is understood that the case was originally scheduled to reach an agreement by the end of April, but Italy’s Minister of Economy Giulio Tremonti has been prevented by subsidizing the impact of inflation.

Although the new Italian subsidy became more apparent, the wave of European wait-and-see sentiment led to the problem of weak demand. Affected by the high level of inventory, the trend of pessimism over the short-term boom is greater than optimism. However, the market is still looking forward to the implementation of the new subsidy. The industry was able to speed up adjustments to facilitate its operation.