Greece’s Ministry of Surroundings and Vitality has unveiled a brand new €200 million ($215.3 million) subsidy program for photo voltaic initiatives and small storage methods within the residential and agricultural sectors. The scheme is backed by the nation’s post-pandemic restoration plan.
From April, Greek households and farmers will have the ability to apply for public pandemic restoration funds to cowl the acquisition and set up of small PV arrays and storage methods vitality, in response to a latest assertion by the Greek Minister of Vitality Kostas Skrekas. Households can stand up to €16,000 every, whereas farmers can request as much as €10,000 to cowl such prices, Skrekas mentioned, noting that incentives differ in response to issues resembling capability and degree of earnings of the candidates.
Households and farming operations can set up as much as 10.8 kW of PV capability and 10.8 kWh of battery storage. For residential customers, battery installations shall be thought of obligatory, and should have a small capability decrease than the photovoltaic arrays. Nonetheless, farmers making use of for subsidies are free to resolve for themselves in the event that they wish to set up batteries.
Rooftop and ground-mounted methods could qualify for subsidies. This system additionally covers summer time homes, however every applicant can declare funds for just one home set up.
Greece’s new solar-plus-storage scheme has a €200 million price range, originating from the nation post-pandemic restoration plan. Of this, €35 million funds for susceptible households dealing with vitality poverty. About €85 million shall be allotted to households with an annual earnings of as much as €40,000 and one-person households with an annual earnings of as much as €20,000. Households with an annual earnings greater than €40,000, or people with an earnings greater than €20,000 will declare funding from the €50 million subsidy pot. As well as, the federal government has established a separate €30 million subsidy pot for farmers.
The brand new scheme can cowl between 20% and 65% of the prices of the PV system, relying on the subsidy pot. For batteries, the primary two subsidy pots will cowl 100% of the acquisition and set up of the battery. The third and fourth subsidy pots will cowl 90% of the price of the battery. There’s additionally a ten% subsidy bonus for disabled Greeks, single-parent households, and households with a number of youngsters.
The subsidy ranges present that the federal government may be very eager on battery set up. One of many predominant causes for that is battle with the grid to accommodate the brand new renewable energy capability.
The operator of the distribution grid in Greece, Hedno, has stopped accepting new requests to attach vegetation to its community since final 12 months, and it isn’t set to vary anytime quickly. The one exception to that is the net-metering installations, the place Hedno frees up about 2 GW of grid house. 2 GW of grid house is accessible for small PV methods as much as 10 kW in measurement, and shall be provided on a first-come, first-served foundation. About 40& of this shall be provided to residential net-metering methods, whereas 30% of this shall be supplied to small business PV methods. The remaining 30% shall be allotted to agricultural PV initiatives.
Another excuse for the complete assist of the plan for batteries is the federal government’s purpose to extend the component of self-consumption in net-metered methods. Photo voltaic-plus-battery methods can solely inject energy into the grid when web site consumption and battery charging are met. Equally, the federal government says that if a photo voltaic system doesn’t generate sufficient energy to cowl the wants of a web site, the consumer can solely purchase energy from the grid when the battery is empty. All solar-plus-storage methods supported by the brand new subsidy scheme are obliged to function beneath this enterprise mannequin for the primary 5 years.
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