Sweden

On the top of the new fiscal measure, the Swedish government has also announced that the rebate scheme for rooftop PV, which was originally scheduled to be closed this year, will be continued in 2021. It will only apply to municipalities and enterprises and with a limited budget of 260 million SEK ($29.6 million), however.

The government said developers have one more month to apply for the subsidy. It also delayed the project-completion deadline from Dec. 31, 2020, to June 30, 2021. From next year, rooftop PV will likely be supported by unspecified tax breaks.

The nation’s cumulative installed solar capacity reached 698 MW at the end of December. Around 19,000 new PV systems were added last year.

The Swedish Energy Agency this week said solar power supplies will increase from 400 GWh in 2018 to 1.7 TWh in 2022. Total energy supply in the country is expected to decline from 551 TWh to 526 TWh in the 2019-22 period, due to the shutdown of several nuclear power plants.

A 20 MW solar park is planned near a Stockholm highway to generate power for a tenants association. The project is expected to generate cheaper power than grid electricity and will also trade clean energy certificates on the Swedish-Norwegian market.

Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.

The 5.8 MW Sparbanken Skåne Solar Park is in the Sjöbo Kommun, in the southern region of Skåne. The facility is selling more than half its output to the spot market and around a third to Swedish bank Sparbanken Skåne under a 10-year PPA. The rest is being traded on the Nord Pool electricity certificate market for renewable energy in Sweden and Norway.

Renewable energy company Eneo Solutions AB has signed a letter of intent for a 20-year power supply deal linked to a 10 MW solar park it will start building in November. The energy buyer is Swedish financial services provider Swedbank. The plant, scheduled for completion by mid-2020, will meet 30% of Swedbank’s electricity demand.

The Finnish utility has switched on a 5 MW/6.2 MWh lithium-ion battery storage system at a hydropower plant in Sweden.

By 2025, the furniture giant plans to offer solar panels worldwide at its stores. The company is in negotiation with potential partners and a supplier for the sale of PV panels in Sweden, which is planned to start in the autumn.