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Austria scraps its sun tax
Austria’s renewable energy industry has for months been vehemently calling for an “emergency package” from policymakers to ensure the further expansion of clean energy. With a snap election looming on Sunday – following the collapse of the ruling Austrian People’s Party and Freedom Party of Austria coalition government, and the resignation of scandal-hit vice-chancellor Heinz-Christian Strache – the nation’s political parties last week approved a list of clean energy measures which are expected to be approved by parliament on Wednesday. Federal association Photovoltaic Austria (PVA) welcomed the agreement and predicted it could help stave off a 30% solar market slump next year. The parties have agreed to put aside €36 million per year from next year to 2022 to fund solar and energy storage as part of the green electricity package. “With the new funds we are creating the conditions for … 100% renewable electricity,” said PVA managing director Vera Immitzer. Sun tax halted The association has already seen one of its other demands met with the cancellation on Thursday of the ‘sun tax’ on the consumption of power generated by householders with rooftop arrays. Under the previous rules, solar households could consume 25 MWh of self-generated solar free of charge but then had to pay a €0.015 levy on every subsequent kilowatt-hour consumed during the life of the PV system. “We are very pleased that the announcements are now followed by action and that the electricity tax for self-produced photovoltaic electricity is finally canceled,” added Immitzer. The government has set a goal of a fully renewable energy system by 2030. The PVA has calculated that would require around 15 GW of solar power generation capacity. Austria currently has around 10% of that amount.
Sep 24, 2019 // Markets & Finance News, Storage, Rooftop PV, Europe, Austria, Heinz-Christian Strache, Vera Immitzer, PVA
Austria's last coal nuclear power plant closes down
Photovoltaic Austria highlights that Austria requires a well-considered prepare for tidy power, as a quarter of the country's power is still
Apr 20, 2020 // Markets & Finance News, Europe, coal, Austria, Magnus Brunner, Wolfgang Anzengruber
Austria supports PV systems with another EUR20 million
five kilowatts to 50 kilowatts. Herbert Paierl, Chairman of the Board of the Austrian Photovoltaic Association, invited the development. It is important, that the
Dec 8, 2020 // Markets & Finance News, Europe, Austria, Herbert Paierl
Austria mulls mandatory PV as new rebates for solar and storage launched
regional government of Styria, in southern Austria, is considering a housebuilding reform package which could make PV systems mandatory on the roofs of new
Sep 19, 2019 // Plants, Residential, Storage, Rooftop PV, storage, Europe, Austria, Styria
Austria doubles financial support for solar rebates
Austria's coalition government has increased the allocate its household solar subsidy program. Homeowners that set up systems with capacities of approximately 5 kW will currently receive a rebate of EUR250 per grid-connected kilowatt installed, or EUR350 per kilowatt of off-grid ability. The brand-new budget for the program is EUR10 million and also the application period, which is currently open, has been expanded, following hold-ups activated by the Covid-19 dilemma. The money will certainly appear of the Austrian climate and energy fund, which additionally provides aids for PV projects as much as 1 MW in size-- primarily in areas affected by environment modification. "We are alleviated that this vital and also extensively reliable little scale system funding from the environment fund is ultimately starting and that the value of solar energy generation is being identified by increasing the financing spending plan," stated Vera Immitzer, taking care of supervisor of the Federal Association of Photovoltaic Austria. "The top priority program of the climate fund offered today starts the required solar change for every person. The Austrian federal government aims to produce all of the nation's electricity from renewables by 2030. Therefore, it wishes to set clear clean-energy development targets, with a new renewable-energy growth legislation now being wrapped up.
Jun 23, 2020 // Residential, Markets & Finance News, Policy, Europe, Austria, Vera Immitzer
Austria generates 90% of its power in May from renewables
in May thanks to the warmer weather as well as solid hydropower generation, Austrian Power Grid (APG) said on Friday. The run-of-river nuclear power plant
Jun 28, 2022 // Markets & Finance News, Europe, Austria
Austria's Enery buys 71-MW solar PV portfolio in Czechia
PV plants in operation in Central and also Eastern Europe (CEE). The CEE and Austria-focused Enery was founded in 2019 by its currently Chief Executive Officer
Jul 19, 2021 // Markets & Finance News, Europe, Austria, Czechia, Enery
Burgenland to build Austria's biggest green hydrogen plant
per year. The statement of the project comes a number of weeks after Austria presented its nationwide hydrogen strategy which imagines developing an
Jul 21, 2022 // Solar to Fuel, Europe, Austria, green hydrogen plant, Burgenland
Lenzing to offtake power from 5.5-MWp solar project in Austria
a number of photovoltaic or pv systems at its site in Lenzing, Upper Austria, where its head workplace lies. The commissioning of the biggest
Sep 13, 2022 // Plants, Large-Scale, Commercial, Europe, Austria, Solar Project, Lenzing
H-TEC gets Austrian green hydrogen gig
will be used straight for vehicles or fed right into the grid as green gas in Austria. In addition, the green hydrogen will also be utilized in local sector. A
Feb 17, 2022 // Storage, Europe, Austria, green hydrogen, H-TEC, Energie Steiermark
Solar marketplace Otovo increases $34m to fund entrance into six European markets
summertime will see the company launch in the UK, Portugal as well as Austria, complied with by an extra three markets in the next year, as it seeks to obtain
Feb 22, 2022 // Residential, Markets & Finance News, Storage, Portugal, UK, Europe, Austria, Otovo
Three Seas investment fund investing in owner of PV properties in Bulgaria
pipeline for solar power generation in Bulgaria, the Czech Republic, Slovakia, Austria and Romania, the development bank included. The 3 Seas Initiative Investment
Jun 14, 2021 // Markets & Finance News, Europe, PV Power Plant, Bulgaria, Three Seas
Spanish clothing closes financing for 50MW PV
purchase closed on 7 June 2021. The parties included were Kommunalkredit Austria AG serving as lending institution, Nomura Financial Products Europe as
Jun 15, 2021 // Plants, Markets & Finance News, Spain, Europe, PV Power Plant, Watson Farley & Williams, Cobra Concesiones
EIB approves EUR 1.4 bn in funding for renewables in Europe, Africa
in Germany, investment in clean power and also power performance by firms in Austria, and also geothermal power in East Africa. The EIB board also accepted
Jun 18, 2021 // Markets & Finance News, Europe, Africa, european investment bank, eib
CCE-Enernovum JV offers project legal rights to 254-MW of solar in Italy
buyer is a "popular European investor" in facilities projects, the Austrian company stated, including that monetary terms are being kept private under a mutual
Nov 26, 2021 // Markets & Finance News, Italy, Europe, Austria, solar farm, CCE-Enernovum JV

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