Narrative
Eu funds are used to provide co-financing of new solar power plants on business objects. This programme includes commercial solar power plans, solar power for self-consumption of electricity and energy storage devices. The financial incentives, which are granted as state aid, are limited to installations with a power of up to 10 MW. Beneficiaries under this tender are commercial companies and individual entrepreneurs. The program was so successful that it was prolonged several times and additional public funding was provided.
Financial data
MFF 2014-2020 EUR 37.4 million (up to 20% of eligible costs, but not more than 200 EUR per kW installed capacity)
Recommendations
Solar power is economically attractive. However, there are still barriers towards a wider use of solar power in the business sector, including transaction costs and opportunity costs. With a well balanced co-financing scheme, large private sector investments can be triggered. This is especially important as business objects are less often subject to distribution grid restrictions. Therefore, it is recommended to keep co-financing such investments, potentially with a lower co-financing rate in order to adapt to the improving business case for solar PV on business objects.
Information sources
Public tenderOther info
https://www.energetika-portal.si/javne-objave/arhiv-energetika/javni-razpisi/r/javni-razpis-za-sofinanciranje-operacij-gradnje-novih-manjsih-proizvodnih-naprav-za-proizv-1278/ (Slovenian)
