Italy Solar Photovoltaic Market Outlook to 2030

The report titled "Italy Solar Photovoltaic Market Outlook to 2015" provides a comprehensive analysis on various aspects such as On-Grid and Off-Grid Cumulative and Annual Installed Capacity, PV power per capita, market segmentation and competitive landscape of the major players operating in the country. The report also entails the SWOT analysis of solar PV market in Italy.

The future outlook presented the base case, conservative case and aggressive case scenario factor analysis providing an insight on the prospects in the solar PV cumulative and annual installed capacity for the country.

Italy is the second largest country in terms of photovoltaic installations. Since 2008, Italy has witnessed a number of PV energy applications, stimulating policies and legislations accompanied with preferential tariff repurchase policy which is commonly followed by various European countries and 20% capital subsidy on the total cost of PV applications. This has acted as catalysts for the increase in the installed capacity in Italy.

Italy is the second largest country in EU with respect to the number of new installations in the country. In 2010, 2,321 MW of new capacity was installed in the country leading to a cumulative installed capacity of 3,494 MW. The solar PV installed capacity has grown with the government support and stimulative economic environment in Italy. The feed-in-tariffs were introduced in 2005 which lead to a minor increase in the new system capacity in 2006.

In terms of installations, Commercial / Industrial segment had the maximum number of installations in the country with the market share of nearly 60% in 2010. Residential and ground mounted installations share the remaining pie with each comprising 20% of the total PV installations in the country.

It is expected that country will witness a stable growth in the annual installations in the future under normal circumstances. The annual installations are expected to register phenomenal growth in 2011 because of the tariff bonus of 5% for the projects whose 60% installation cost are sourced within EU. The new installations are expected to be ~ MW in 2011 from 2,321 MW in 2010, however will decline in the future with monthly tariff degression to ~ MW in 2015.

Key Topics Covered in the Report:

• The feed-in-tariffs introduced in the country and their effect on the solar PV market

• The annual and cumulative PV installations along with PV power per capita in the country from 2006-2010

• Future Outlook on the basis of assumed scenarios i.e. base case, worst case and aggressive case on cumulative installed capacity, annual installed capacity and PV power per capita, from 2011-2015

• SWOT analysis of the solar PV industry and Macro Economic Environment in the country

• Competitive Landscape of the various players operating in the country