Interest in roof-mounted solar panel subsidies gaining momentum

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.