Austria supports PV systems with another €20 million
Post date: 07/12/2020 - 10:40
The Austrian Climate and Energy Fund receives additional subsidies for photovoltaic systems, announced the Minister of the Environment Leonore Gewessler (The Greens). Accordingly, the existing photovoltaic subsidies will be increased by €20 million ($24,3 million) within the framework of a Covid economic stimulus package. This will make it possible to promote a further 25,000 solar power systems in 2020. The size of systems eligible for promotion will be increased from the current five kilowatts to 50 kilowatts.
Herbert Paierl, Chairman of the Board of the Austrian Photovoltaic Association, welcomed the expansion. It is important, that the new edition of this subsidy is adapted to other existing PV subsidy systems »in order to maintain harmonization and thus continuity of the subsidy systems,« he said. The program for innovative PV applications announced for next year, such as parking lot roofs, floating solar systems or dual-use concepts, also strengthened Austria.
From 2008 to 2020, around 73,000 photovoltaic systems and storage facilities in Austria were subsidized with the help of the Climate and Energy Fund. As a result, the costs for solar systems have fallen by almost a quarter since 2013, according to the fund.