The European market for solar energy is booming, attracting the attention of global investors. According to SolarPower Europe, it is estimated that photovoltaic energy in Europe will increase by 47%, from 28.1 GW in 2021 to 41.4 GW by the end of 2022

Rome, April 18, 2023.- Spain and Italy are attractive options for international investors due to the Mediterranean climate and the cultural similarities between the two countries. However, while the technical aspects of investing may be similar, the legal, financial and tax systems differ drastically. Italy has one of the most complex tax systems in Europe, which poses a significant challenge for investors from other countries, including Spain. Without a thorough understanding of Italian tax processes, investors may face unnecessary losses and complications when entering the Italian market.”Italy’s tax and legal framework for investors in photovoltaic assets is notoriously complex and can present significant challenges for companies. companies operating in the sector. The country’s regulatory landscape is constantly evolving, with regular changes in standards and requirements,” explains Quintas Energy’s Country Manager for Italy, Alessandra Ugoli. “All of this can make it difficult for investors to track and lead to unexpected costs and delays in project development. Companies therefore need to work with experienced tax teams who can help them stay on top of changes and ensure compliance.” compliance with all obligations according to relevant regulations”. Quintas Energy Italia is the Italian subsidiary of the leading Spanish company in the renewable asset management sector, located in Rome. Specialized in “Commercialista” tax and financial accounting, Quintas Energy Italia offer customized solutions and expert guidance to ensure minimum risk and maximum return for its clients. With in-depth knowledge of the Italian tax system and a passion for helping clients succeed, the team provides the support and guidance needed to enter the Italian solar PV market with ease and confidence.” Quintas Energy Italia is committed to help Spanish companies prosper in the Italian solar market,” said Alessandra. “By relying on the expertise of its ‘Commercialista’ tax accountants, Quintas Energy Italia is able to mitigate losses and increase revenue, giving its clients the security and peace of mind they need to make a big impact.” “Commercialista” services for solar photovoltaic offer essential financial and tax support to help Spanish investors navigate Italy’s complex legal and tax systems. Quintas Energy Italia’s experts help their clients minimize their tax confusion by ensuring that their investments comply with all relevant obligations and regulations. They also help with project financing, financial reporting and accounting to meet all regulatory requirements, giving the client all the accurate financial information to share with interested parties. Whether it is a Spanish company looking to enter the Italian market. As an established player, the support of a “Commercialista” is the key to success in Italy’s thriving solar energy sector. Issuer: Quintas Energy SA

ContactContact name: Nataliya MorozContact telephone: 34 954 324 365

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