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Italian Power From Wind, Solar Beat Government Target in 2011

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Oct. 2 (Bloomberg) -- Renewable power generation in Italy rose by 8 percent to 82,961 gigawatt-hours in 2011 as more solar and wind projects came online, the government’s renewable energy regulator said.

Renewables accounted for 23.5 percent of final electricity demand in Italy as solar photovoltaic power, along with wind and bioenergy, compensated for a drop in hydropower, the agency known as Gestore Servizi Energetici said today in an e-mailed statement. That exceeded the government’s 19.6 percent target, according to a report on the GSE website.

Italy last year had a boom in solar panel sales, becoming the world’s biggest market with almost 9,300 megawatts of new installations. Total installed renewable power capacity rose to 41,399 megawatts in 2011 from 30,284 a year earlier, GSE said.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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