Country:Germany
Year:2005
Policy status:Superseded
Jurisdiction:National
Date Effective:2005
Date Ended:December 2008
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans
Policy Target:Solar>Solar photovoltaic
Policy Sector:Electricity
Size of Plant Targeted:Small
Funding:784 million euros in loans disbursed between 2005 and July 2006
Description:

This programme, introduced in 2005, offers low-interest loans for small investments in solar PV generation. Private investors are the main beneficiary as only projects with an overall investment up to EUR 50,000 are supported. 100% of the investment cost can be financed. The Reconstruction Loan Corporation (KfW) runs the programme and provides interest rates between 3.6% and 4.15% p.a. Credit terms may vary between ten and twenty years with a redemption-free initial phase of two to three years. The programme is running successfully. As of July 2006, more than 25,000 loans had been provided, for a total amount of EUR 784 million and a capacity of 199 MWp in photovoltaic systems.

This record is superseded by:KfW Renewable Energies Programme (KfW-Programm Erneuerbare Energien)

Last modified: Thu, 14 Mar 2013 12:02:53 CET