Austria supports PV systems with another EUR20 million

Dec 8, 2020 07:11 AM ET
  • The Austrian Climate and Energy Fund gets additional subsidies for photovoltaic systems, introduced the Minister of the Environment Leonore Gewessler (The Greens).

Appropriately, the existing photovoltaic subsidies will be increased by EUR20 million ($24,3 million) within the framework of a Covid economic stimulus package. This will make it feasible to advertise a further 25,000 solar power systems in 2020. The dimension of systems eligible for promo will certainly be increased from the present five kilowatts to 50 kilowatts.

Herbert Paierl, Chairman of the Board of the Austrian Photovoltaic Association, invited the development. It is important, that the new edition of this subsidy is adapted to other existing PV subsidy systems "in order to keep harmonization and hence connection of the subsidy systems," he said. The program for ingenious PV applications revealed for following year, such as car park roof coverings, floating planetary systems or dual-use concepts, likewise reinforced Austria.

From 2008 to 2020, around 73,000 photovoltaic systems and storage facilities in Austria were supported with the help of the Climate and Energy Fund. Because of this, the prices for planetary systems have actually fallen by almost a quarter since 2013, according to the fund.

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