Recom Technologies

Interest in roof-mounted solar panel subsidies gaining momentum

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Homeowners are displaying a satisfactory level of interest in the energy ministry’s subsidy support package for roof-mounted solar panel installations, launched in early March, though there is room for swifter progress, energy market players have noted.

Also, the emergence of new products in the sector is sparking greater consumer interest, while companies are making necessary adjustments to meet heightened demand, officials have noted, in response to energypress questions.

The energy ministry launched a platform offering subsidies for roof-mounted solar panel installations on March 2. Some 3,800 applications were submitted during the first nine-day period, while the total number of applications lodged has since risen to 11,000, of which approximately 6,500 have already been approved.

The support program has ushered in a new era for the solar panel market, representatives at Inergio-Tesco, Big Solar, Recom, Baywa r.e., JinkoSolar and S ungrow, told energypress. Sector revenues are rising, while customers are no longer perceiving self-production as an alien concept, the companies noted.

Solar energy investors focusing on large-scale projects

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Increased emphasis is nowadays being placed on large-scale solar energy parks around Europe, as well as energy storage, through hybrid projects combining photovoltaics with batteries, participants at Intersolar Europe 2022, a major international conference and trade fair, held annually in Munich, have agreed.

The solar energy sector has enormous potential, especially in Europe, as a result of the EU’s decision to greatly reduce its reliance on Russian energy sources, participants noted, without overlooking concerns troubling the market, regarded as unstable by many.

Highlighting the growing level of interest in the solar energy sector, Intersolar Energy 2022 involved the participation of 1,356 exhibitors from 46 countries, attracting 65,000 visitors from 149 countries, a 33 percent increase compared to 2019.

A host of Greek companies took part, these being: Sunlight Group Energy Storage Systems, Elvan S.A., ILVIEF SA, Inaccess ltd, Nanotechnology Lab LTFN, Organic Electronic Technologies PC (O.E.T.), Profilodomi, Protasis SA, Raycap GmbH, Recom Technologies, S.K.EVANGELOPOULOS AND CO, SOLBOTIX S.A.

Local representatives of major international players also participated, representing companies such as Huawei, Jinko, Goodwe, Krannich-Solar, Kostal and Raycap, all active in the Greek market.