Pursuant to Resolution no. 84/2012/R/EEL of Italian Regulatory Authority for Electricity, Gas and Water (AEEGSI), as subsequently amended by Resolution no. 243/2013/R/EEL, GSE is suspending the disbursement of feed-in-tariffs, as well as the effectiveness of simplified purchase and resale arrangements and net metering arrangements, to owners of plants which are not compliant with the rules of Annex A.70 of the electricity grid Code. GSE will communicate the decision to suspend incentives by email to each operator affected by such decision.

In a recent press release appeared on www.gse.it, GSE clarified that suspension may apply to (i) plants with a capacity greater than 6 kW, already connected to the low voltage grid and operating on the 31st March 2012 and to (ii) plants with a capacity lower than 50 kW, already connected to the medium voltage grid and operating on the 31st March 2012.

GSE has also underlined that suspension will not cause any reduction of the incentives which the owners of the incentivized plants are entitled to receive. Restoration of suspended incentives will be subject to the approval of the distribution company attesting the compliance of the plants to the Annex A.70 of the electricity Grid Code.