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Home - Finance - Kosovo shares results of solar energy subsidy scheme – SPE
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Kosovo shares results of solar energy subsidy scheme – SPE

solarenergyBy solarenergyOctober 14, 2024No Comments2 Mins Read
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Kosovo’s Ministry of Economy says two new programs providing subsidies for solar system installations to households and small and medium-sized enterprises have received more than 500 applications together.

October 14, 2024
Patrick Jowett

Image: Jadon Kelly, Unsplash

Kosovo’s Ministry of Economy has released the results of the first phase of a rebate program for the installation of PV systems, which has now concluded.

The ministry said a financing strand aimed at household consumers has received 445 applications, with 29 beneficiaries announced so far, who will collectively receive €45,750 ($50,000). The ministry is still verifying the other applications.

Meanwhile, a funding strand targeting small and medium-sized enterprises has received a total of 67 applications, of which eight beneficiaries have been announced so far, with a financial value of €44,200. The other applications are still being processed.

The first phase of the discount scheme started in February and closed in September. It offered subsidies for the installation of PV systems to produce electricity for own use. For installations between 3 kWp and 9 kWp, a subsidy value was set at €250/kWp up to a maximum of €2,000, while for installations of 10 kWp or more the value was set at €200/kWp, with a maximum of €6,000.

The second phase of the scheme will run until the end of November and only applicants from the first round will be eligible.

Kosovo offered solar heating system subsidies for households and micro to medium-sized businesses earlier this year, but both programs were closed at the end of August.

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See also  Recurrent Energy secures €1.3 billion in financing for solar energy projects

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