Czech Republic launches new round of its Green Savings Programme

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The Czech Ministry of the Environment (MŽP) and the State Environmental Fund (SFŽP) have opened the new round of the incentive program for sustainable building, the so-called Green Savings Programme.

The two entities said that applications for new residential and commercial PV power projects up to 1 MW under the program will be accepted until April 30, 2018.

Under this new round, as well as in the previous rounds of the program, incentives will be granted to both PV systems with or without storage systems.

The program is covering up to 80% of investments for purchasing and installing PV systems for small-sized enterprises, while for middle-sized and large-sized companies, the rebate will be 70% and 60%, respectively.

Although solar is not the prioritized source in the Green Savings Programme, the scheme has enabled the deployment of most of the Czech Republic’s PV capacity over the past four years.

In 2016, 4.83 MW of residential PV systems were connected to the grid mostly through this scheme in the country. In 2014 and 2015, new additions totaled 2.6 MW and 1.1 MW, respectively.

In early May, the Czech Ministry of Industry and Trade also announced it was providing subsidies for the installation of a PV system combined with storage under the incentive program storgaPodnikání a inovace pro konkurenceschopnost (OPPIK).