“Solar: Jefferies Sees Sunny Side of Italy”
Barrons.com – Tech Trader Daily, March 9, 2011
Carsten Steinhauer and Anna Vesco of McDermott’s Rome office made observations regarding new rules in Italy for solar energy installations that were cited by a major securities firm. The lawyers noted that, “Italy has an interest in becoming the center of the solar industry in Europe,” and highlighted the country’s binding EU commitment to get 17% of its energy from renewable sources by 2020. For solar projects, they see Italy moving more toward rooftop installations rather than ground-based ones that face tougher restrictions.