Variety is reporting that New Moon will shoot in Volterra, Italy for two weeks in May!  They also report that the movie will be released on November 20 in Italy.

“Eagle Pictures, which released “Twilight” on Italo screens, announced on Tuesday it has re-upped with Summit Ent. for the sequel, specifying that “New Moon” will shoot in the ancient Tuscan city of Volterra in May for two weeks.”