Fund not yet chosen for roof-mounted solar panel subsidies

Despite a series of government announcements in recent months declaring the imminent arrival of a subsidy support program for roof-mounted solar panel installations, the finance ministry has yet to decide on a fund to provide the required sum, which has been boosted from 200 million euros to 230 million euros.

A month has elapsed since the government delivered a guide offering details of the support program, but its launch is being postponed from week to week, despite obvious political benefits the government stands to gain ahead of the May 21 general elections.

It remains unclear if the finance ministry, currently dealing with other priorities, will opt to fund the support program via the Recovery and Resilience Facility (RRF), the National Strategic Reference Framework (NSRF), some other source, or a combination of sources.

The government increased the value of the support program for roof-mounted solar panel installations to 230 million euros, from an initial amount of 200 million euros, as a result of the strong interested it has generated.

This increased sum promises to increase the number of eligible parties from 30,000 to between 33,000 and 35,000 as well as the resulting total capacity to be installed from 150 MW to 170 MW.