Italy’s Ministries of Environment and Economic Development announced October 4 plans to extend the reduction in tax payments by 55 percent on solar refraction technology and expand it to include a broader group of energy efficient construction projects. The original eight month plan, announced February 8, allowed the reductions for solar projects that sold power back to the grid and were capped at $80,000 per array. The new plan expands the same level of incentives to individual and corporate projects that involve heating, energy distribution, renewable energy generation, or water use.
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Efficient construction eligible for Italian incentives
- Mintz Levin Cohn Ferris Glovsky and Popeo PC
- David Leiter, Sarah Litke and Daniel Phillips
- October 9 2011
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