Switzerland to supply CHF 600m of photo voltaic subsidies in 2023

November 25 (Renewables Now) – Switzerland will make CHF 600 million (USD 636.36m/EUR 611.12m) in subsidies out there in 2023 to help the enlargement of solar energy throughout the nation after a projected file photovoltaics (PV) deployment this 12 months.

The funding can be distributed within the type of one-time subsidies for each small and enormous photo voltaic crops in addition to subsidies for photo voltaic techniques with out self-consumption.

In 2022, the brand new photo voltaic installations within the Alpine nation are anticipated to hit one other file, exceeding by 40% or 50% the extent of 2021 when new photo voltaic techniques with a mixed capability of 700 MW had been linked to the grid.

Within the first ten months of 2022, functions have been submitted for a one-time subsidy for about 24,000 new photovoltaic techniques with a complete capability of 540 MW, up by 50% on the 12 months.

In 2022, a one-time subsidy for small photovoltaic crops (KLEIV) can be distributed for 29,000 techniques with a mixed capability of over 400 MW. The subsidies on this class whole CHF 150 million.

Round 800 extra photo voltaic crops with a complete capability of 230 MW will obtain a one-time fee for giant photovoltaic techniques (GREIV) which signifies that all functions submitted by October 31, 2022 can be funded.

Other than these two mechanisms, the revision of the Power Act, which can come into pressure on January 1, 2023, gives for the introduction of a one-time subsidy (HEIV) for photo voltaic techniques with out self-consumption. The subsidy will cowl as much as 60% of the prices of the system. For photo voltaic installations of 150 kW or extra, the subsidy can be awarded by public sale. The tenders can be carried out by Pronovo which is in control of renewables subsidisation in Switzerland.

The monetary help supplied to photo voltaic crops is funded by shoppers who’ve been paying a community surcharge of CHF 0.023 per kWh for the promotion of electrical energy manufacturing from renewable vitality, electrical energy effectivity measures and water high quality enchancment since January 1, 2018.

(CHF 1 = USD 1.061/EUR 1.019)

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