Though PV will remain in the shadow of wind and hydropower in the north of Europe, an ambitious solar deployment scenario in Sweden could lift the market into the gigawatt club through to 2040.
The sum devoted to the rebate scheme was increased by another $32.4 million on top of what the government had previously allocated. The percentage covering the costs for buying and installing a PV system will be lowered from 30% to 20%, which may result in a higher number of installations and larger growth volumes.
The northern European country’s cumulative installed solar capacity reached 411 MW at the end of 2018. Around 10,000 new PV systems were deployed in total last year.
The 5.5 MW facility was built by power company Göteborg Energi. The solar plant, in Säve, near Gothenburg, is intended to increase the utility’s generation capacity from renewable sources.
The annual budget for solar rebates has been raised from SEK 390 million to SEK 915 million (US$102.5 million). Additional funds are intended to spur more growth and reduce waiting period for applicants.
Swedish power distributor Göteborg Energi is planning to deploy two PV plants totaling 6 MW while initiatives for solar parks above 1 MW are being implemented in several regions.
Solar rebates were increased, from covering 20% of the cost of buying and installing a rooftop PV system, to 30%, starting from last January. Overall, the Swedish government will grant around US$80 million in incentives this year.
Although there is still confusion between different numbers provided by the Swedish energy agency, Energimyndigheten, new statistics suggest that Sweden was the largest PV market in Scandinavia in 2017.
The Swedish Energy Agency will initially allocate 200 million SEK (around US$24 million). Two further tranches of 200 million SEK and 100 million SEK, respectively, will be assigned in April and in the fall. The funds will be used to finance small rooftop PV projects under the country’s solar rebate scheme.
The Swedish government is proposing to simplify the building system regulatory framework, in order to enable more residential and commercial solar to come online.
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