{"id":8770,"date":"2013-05-14T13:51:11","date_gmt":"2013-05-14T13:51:11","guid":{"rendered":"http:\/\/en.sma-sunny.com\/?p=8770"},"modified":"2013-05-14T13:51:11","modified_gmt":"2013-05-14T13:51:11","slug":"tax-deductions-for-italian-pv-plants","status":"publish","type":"post","link":"https:\/\/www.sma-sunny.com\/en\/tax-deductions-for-italian-pv-plants\/","title":{"rendered":"Tax Deductions for Italian PV Plants"},"content":{"rendered":"

The Italian market has traditionally been one of the biggest PV markets in the world. In fact, in Italy PV already covers 5 percent of the electricity demand and more than 10 percent of the peak demand. Since 2012, the market has trended toward commercial and residential installations. This shift in the market has been affected by a review of the policy surrounding cuts to feed-in tariffs and incentives that primarily affected residential and commercial plants rather than multi-megawatt plants.<\/p>\n

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However, the newly introduced tax breaks for Italian PV plants offer a great opportunity for new growth in the Italian PV sector.<\/p>\n

The Italian Revenue Agency approved a request put forth by GIFI, the association for Italian PV companies, to include PV plants in the law governing tax deductions (Article 16-bis of Presidential Decree 917 of 1986). According to the Revenue Agency, PV systems can now be classified as “projects aimed to achieve energy savings” and can therefore benefit from the following:<\/p>\n