Italy, Europe's third-biggest solar power market, will present a much-awaited new solar power incentives scheme at a meeting on Thursday, Industry Minister Claudio Scajola said on Wednesday.
Asked by reporters if the plan will be presented at a key meeting of a body that oversees relations between the central government and regions, Scajola said "there are many meetings in the programme, there is also that one."
But the meeting of the "Unified Conference of State and Regions" which should approve the plan before it goes for signing by industry and environment ministers is yet to be called, said an official at the state body.
That leaves only a few hours for the meeting to be convened.
Investors and other solar energy market operators say the new plan has suffered delays because of the regional elections in Italy, due at the end of March, and that was preventing them from drafting their strategies for Italy's booming solar market.
Scajola said on Monday Italy's installed photovoltaic (PV) capacity which turns sunlight into power had exceeded 1,000 megawatts. Italy's current support scheme expires when the capacity covered by the incentives hits a 1,200 MW cap....