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Home - Finance - Kosovo opens subsidy scheme for solar thermal systems – SPE
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Kosovo opens subsidy scheme for solar thermal systems – SPE

solarenergyBy solarenergyJune 6, 2024No Comments2 Mins Read
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Domestic consumers in Kosovo can now apply for a subsidy for the installation of a solar system for heating sanitary water. Applications for the first of two phases are open until August 31.

June 6, 2024 Patrick Jowett

Image: Aboodi Vesakaran/Unsplash

The Kosovo Ministry of Economy has opened a financing call aimed at household consumers who want to install a solar system for heating sanitary water.

The financing option will subsidize 40% of the investment value of a complete solar energy system for water heating, or up to €1,000.

The application process for the grant is divided into two phases. Applications to the first phase are open now, through August 31st. The second phase will then open on October 31.

The Ministry of Economic Affairs says it “encourages all interested parties to take advantage of this subsidy opportunity.”

Earlier this year, Kosovo announced plans to auction 950 MW of renewable energy sources over the next two years, representing a total investment of €1.2 billion. The country aims to generate 35% of its electricity from renewable energy sources by 2031.

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See also  SolarEdge shares rise as company announces more layoffs – SPE
Kosovo opens scheme solar SPE subsidy systems thermal
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