Country:Germany
Year:1999
Policy status:Superseded
Date Effective:1999
Date Ended:2003
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Fiscal/financial incentives
Policy Target:Solar>Solar photovoltaic
Policy Sector:Electricity
Size of Plant Targeted:Small
Agency:Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU)
URL:http://www.kfw.de
Legal References:Bundesanzeiger Nr. 54/2002, p. 4349
Funding:DM 1.1 billion (EUR 562.4 million)
Description:The 100,000 Roofs Programme expanded the 1991 1000 Roofs Programme. The programme supported the installation or extension of PV systems larger than 1 kW. Loans, with interest rates 4.5% below market conditions, were offered with a repayment period of ten years and two years of deferred payments. The possible share of financing was up to 100% and a maximum of EUR 500,000. Furthermore, for installations smaller than 5kW, the loans were limited to EUR 6,750/kW and for installations larger than 5kW, the loans were limited to EUR 3,375/kW. Starting in 2001, these limits were reduced by 5% annually. Initially, the tenth repayment installment was waived, but this stipulation was abandoned in 2001. The programme was targeted to develop 300 MW of additional capacity. The programme ended in July 2003 having supported 55,000 installations and 261 MW of additional capacity.

Last modified: Mon, 02 Jul 2012 09:37:49 CEST