|Date Ended:||December 2008|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Loans|
|Policy Target:||Energy Sector>Electricity Generation>Renewable>Solar Photovoltaic|
|Funding:||784 million euros in loans disbursed between 2005 and July 2006|
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|This record is superseded by:||KfW Renewable Energies Programme (KfW-Programm Erneuerbare Energien)|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