PV systems in focus – expansion of green energy: 150 million euros available

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This year, the Ministry of Climate Protection (BMK) is providing investment financing of 150 million euros for the expansion of renewable energy sources (green energy). The ministry said the support would mainly target companies.

Since the beginning of 2024, private PV systems with a peak power of 35 kilowatts (kWp) have been exempt from sales tax and private individuals therefore no longer have to apply for financing. This year there are three funding calls for companies.

Bidding process planned
Fixed financing amounts will be available for smaller PV systems. For systems up to 10 kWp (kilowatt peak) this amounts to 195 euros/kWpeak and for systems between 10 and 20 kWp it is 185 euros/kWpeak. For systems above 20 kWp, financing is granted on the basis of a bidding procedure.

In addition, financing volumes will be increased this year and next year in a new market premium regulation. According to the ministry, for the years 2024 and 2025, a total tender volume of 1,850 MW is available for photovoltaic solar energy, 1,082 MW for wind energy, approximately 40 MW for biomass and approximately 500 MW for hydropower.

The market premium is part of the support system under the Renewable Energy Expansion Act (EAG). It is intended to compensate the difference between the production costs of electricity from renewable sources and the average market price for electricity. If production costs are higher than the market price for electricity, the grid operator is compensated for the difference. This should ensure that operating a system also pays off economically. Hydroelectric, wind, photovoltaic, biomass and biogas systems are supported.

Source: Krone

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