Page added on August 25, 2005
Italy is blessed with some of Europe’s most brilliant sun and cursed with some of its highest electricity rates, but the nation has long lagged behind its more inclement neighbors in harnessing energy from the sun’s rays.
But the government, hoping to cash in on Italy’s most abundant natural resource, is trying to change that. It approved incentives this summer that could see solar panels blooming on Italy’s rooftops like bougainvillea on sun-kissed terraces.
The measures could mean that Italian homeowners, condominium buildings and private businesses can profit by selling solar power to energy companies at a handsome, government-guaranteed price.
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