The Italian Secondary Photovoltaic Market: a € 25-billion business
Giulio Meneghello
The Italian market for new photovoltaic plants has slowed sharply but the market for thousands of existing plants continues to flourish. Sales of about € 25 billion in the next 3-5 years. The acquisition of an existing plant in Italy yields more than in any other market. Regulatory uncertainty remains a major brake.
Except for small plants, the Italian photovoltaic market is practically at a standstill in terms of new installations. However, there is a thriving market made up of thousands of existing plants to sell, buy, refinance or make more efficient. According to Fabrizio Barini, an analyst for the financial intermediary Intermonte, in 2013 the secondary market will outperform the primary market in volume.
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