Year:2016 (March 1st)
Policy status:In Force
Date Effective:2016 (March 1st)
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Solar>Solar photovoltaic
Policy Sector:Electricity
Size of Plant Targeted:Small

Germany on 1st of March will start a new EUR 30m programme to support investments into the battery storage of electricity generated from PV residential installations in order to strengthen grid services of solar plants and help cost reduction. The programme will last until 2018.

The scheme provides:

  • Soft loans up to EUR 2,000 / kW for the solar PV system and
  • Capital grant covering up to 25% of the eligible solar PV panel

These values are available until June 2016. The budget for the capital grants are capped and if it will be exhausted until June 2016 the level of grants after that date will be progressively going down every six months.

Similar programme was available in 2012-2015 offering 30% rebate per project to help offset the cost of installing an energy storage system alongside their existing grid-connected PV installation.

Last modified: Fri, 18 Mar 2016 10:35:23 CET