2001/779/EC: Commission Decision of 15 November 2000 on the State aid which Italy is planning to grant to Solar Tech srl (Text with EEA relevance) (notified under document number C(2000) 3565)
Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β
The State aid which Italy is planning to grant to Solar Tech srl, amounting to EUR 42788290, is incompatible with the common market in so far as its intensity exceeds the maximum allowable in the case in point (40 % nge). The aid may accordingly not be implemented by Italy to the extent that it exceeds an intensity of 40 % nge.
Italy shall inform the Commission, within two months of notification of this Decision, of the measures taken to comply with it.
This Decision is addressed to the Italian Republic. Done at Brussels, 15 November 2000. For the Commission Mario Monti Member of the Commission (1) OJ C 142, 20.5.2000, p. 11. (2) See footnote 1. (3) Page 2: "the individuals owning shares in Solar Tech together hold a majority stake (in particular Mr Colomban) in the holding company which owns the Permasteelisa group". (4) Point 4.6.1 of the notification. (5) Aid N 27/A/97, Commission letter of 30 June 1997 No SG(97) D/4949. (6) OJ C 107, 7.4.1998, p. 7. (7) "(...) notification to the EU pursuant to the 'multi sectoral framework on regional aid for large investment projects' is pending (...). Therefore, as far as payments to be made from CIPE funds are concerned (...), payment of the first instalment of the grants is subject to the EU decisions". (8) Aid N 27/A/97, Commission letter of 30 June 1997 No SG(97) D/4949. (9) OJ C 213, 23.7.1996, p. 4. (10) Unless otherwise indicated, the market assessment is based on the study "European Photovoltaic Modules Market" conducted by Frost & Sullivan Inc., in 1997. (11) Source: Strategies Unlimited, 2000, Photovoltaic Industry Competition Analysis, Report PC-11, July 2000. (12) Sources: abovementioned report by Strategies Unlimited; Systèmes solaires No 136; International Energy Agency, PVPS report, T1, August 2000; information supplied by third parties in the course of the proceedings. (13) Aid N 27/A/97, Commission letter of 30 June 1997 No SG(97) D/4949. (14) Point 3.1 of the framework (Assessment rules). (15) OJ C 213, 19.8.1992, p. 2. (16) OJ L 107, 30.4.1996, p. 4. (17) "(... the) Permasteelisa Group, a world leader in the production and installation of innovative cladding materials for large civil infrastructure works, which wishes through this project to enrich its products with solar technology". (18) See page 31 of the document drawn up by Europrogetti & Finanza: "in view of the substantial coincidence between the management of Permasteelisa and its main shareholders and between the latter and the other partners in the project, it appears likely that all the funds to be used in the project will be raised on the basis of Permasteelisa's financial standing". (19) Points 3.2 to 3.6 of the multi sectoral framework.
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