Feed-in tariff revisions underpin Acta forecasts

Acta, a clean-energy products company, has welcomed recent revisions to the Italian Feed-in Tariff, claiming that the new rates strongly underpin its management’s forecasts for its PV portfolio in 2011 and beyond.

The tariff rates support the company’s project-authorisation pipeline, which currently consists of 19MW awaiting authorisation approval, in addition to the 10.6MW to be supplied to SPF Energy in 2010 as part of the Framework Agreement announced on 2 June 2010.