Sweden closes discount scheme for roof PV

• The government claimed programmers have another month to get the subsidy. It also delayed the project-completion due date from Dec. 31, 2020, to June 30, 2021. From following year, roof PV will likely be sustained by undefined tax obligation breaks.

The Swedish government has disclosed that the target date to submit applications for its discount scheme for rooftop PV projects will certainly close on July 7. This suggests that interested homeowners currently have less than thirty day to submit their aid applications.

Svensk Solenergi, the Swedish solar market body, stated that the closure of the plan can bring the residential PV market to a stop. The discounts have been the main chauffeur for solar energy in Sweden in the last few years.

The federal government has also decided to delay its deadline to total projects under the rebate system from Dec. 31, 2020, to Jun. 30, 2021, as the pandemic has actually delayed the building of several installments.

The Swedish authorities stated they will still support solar and that the rebate scheme will certainly be changed by undefined tax breaks from January. "But the proposed tax deduction will use just to private individuals, not enterprises," Svensk Solenergi claimed.

The government had actually assigned a spending plan of SEK1.2 billion ($128 million) for the solar rebate plan. The program is open to property owners, services and public entities. It covers 20% of the expense of buying and also installing a PV system. The Swedish Energy Agency has so far committed SEK3.2 billion to the 10-year initiative.

The firm stated that Sweden's operational PV capacity boosted from 411 MW at the end of 2018 to 698 MW at the end of 2019. In March, it disclosed that it anticipates solar generation to surge in the 2018-22 duration, along with a predicted increase in wind power result.

Today, the firm anticipated that solar generation of 400 GWh in 2018 would skyrocket to 1.7 TWh within the following 2 years, with result from wind climbing from 16.6 TWh to 38 TWh. Nonetheless, it kept in mind that its expectation did rule out the results of the pandemic on the worldwide economic situation.