Greece’s Ministry of Environment and Energy has revealed a new €200 million ($215.3 million) subsidy program for solar projects and small storage systems in the residential and agricultural segments. The scheme is backed by the country’s post-pandemic recovery plan.
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Greece''s Ministry of Environment and Energy has revealed a new €200 million ($215.3 million) subsidy program for solar projects and small storage systems in the residential and agricultural...
The Greek government has officially fired the starting gun of a EUR-238-million (USD 261.8m) programme that will subsidize the installation of rooftop solar systems coupled with battery
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Click here for the source article Greece's Ministry of Environment and Energy has launched a €200m subsidy program for solar projects and small storage systems to encourage residential and agricultural segments to adopt renewable energy.
Greece’s new solar-plus-storage scheme has a €200 million budget, which stems from the country’s post-pandemic recovery plan. Of this, €35 million of funds are for vulnerable households facing energy poverty.
With a budget of EUR 200 million (USD 217.5m), the programme will enable households and farmers to install up to 10.8 kW of PV capacity and 10.8 kWh of battery storage, Energy Minister Kostas Skrekas announced.
The new scheme can cover between 20% to 65% of PV system costs, depending on the subsidy pot. For batteries, the first two subsidy pots will cover 100% of battery purchases and installation. The third and fourth subsidy pots will cover 90% of the battery costs.
Under the plan, households will be able to seek funding to cover up to 75% of the costs needed to install PV panels at auxiliary building areas or mount them atop their dwellings, whereas farmers will receive support for up to 60%. The individual subsidy to be granted can be a maximum of EUR 16,000 for households and EUR 10,000 for farmers.
The 2 GW of grid space is available for small PV systems up to 10 kW in size, and will be offered on a first-come, first-served basis. About 40& of this will be offered to residential net-metering systems, while 30% of it will be given to small commercial PV systems. The remaining 30% will be allocated to agricultural PV projects.
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