Italy Renewable Energy Subsidies Over 8 Billion Euros in 2011

Report: The president of GSE, the agency responsible for Italy's renewable energy development plan, said that according to preliminary calculations, Italy's renewable energy subsidies exceeded 8 billion euros in 2011, which has significantly promoted the development of the industry. In 2011, Italy added 41 million kilowatts (41 GW) of renewable energy, equivalent to 84 billion kwh (84,000 GWh) of total generating capacity, and about 360,000 power plants are in operation.

According to GSE, in 2011, the proportion of Italy's renewable energy generating capacity to total power generation has reached 24%, and the country will complete the EU's target of generating 26.39% of the total renewable energy generation in 2020 ahead of schedule.

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