Italian Market Environment
According to a report by SolarPower Europe, cumulative PV capacity in Italy reached 21.34 GW in 2020.
Italy closed 2022 with a 164% annual improvement in its solar PV installations reporting 2.48 GW as compared to around 940 MW in 2021, taking its cumulative installed PV capacity till the end of last year to 25.05 GW.
The residential segment leads aggregate numbers as 87% of 25 GW is made up of systems smaller than 12 kW. These sizes contributed 44% or 1.1 GW of all solar power connected in 2022.
Italy’s commercial and industrial (C&I) sector accounted for 28% or 678 MW with systems ranging between 20 kW and 1 MW, whereas utility-scale plants of over 1 MW brought in 23% or 571 MW representing 467% annual jump. The latter came online in the form of 6×10 MW+ projects.
Installations need to increase if the country is to achieve its 2030 target to achieve a 55% share of renewables in its total electricity generation.