Austria’s largest power provider announced a plan to invest around €100 million in solar and €15 million in recharge stations for electric vehicles over the next five years. The company aims at investing mainly in residential and C&I projects.
Around 3,000 incentive applications were filed with the portal in the first five minutes after it was activated. The first-come-first-serve principle, however, will not be applied to determine which developers will have access to the incentive program.
Starting from next year, the incentive scheme for solar in Austria will change. FITs will be prioritized for self-consumption projects. In addition, starting in March 2018, a nationwide storage incentive prorgam will be launched.
The Austrian Parliament has approved a new renewable energy law. For the first time, storage combined with PV will receive support. The local association Photovoltaic Austria expects a 25% growth for PV in 2018.
A small increase of 2.6 % was recorded in the Central European country last year. The Austrian Photovoltaic Association is still calling for an adjustment of the state´s Green Electricity Act to unleash the limited PV extension.
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
A joint project conducted by the Carinthian Tech Research Center and the Austrian Institute of Technology, in conjunction with German equipment manufacturer teamtechnik has developed a lead-free PV system using glued ribbon technology.
The Austrian Government has allocated €5.95 million ($6.34 million) to solar incentives for 2017. Applications are being accepted starting from Tuesday.
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