Austria’s largest power provider announced a plan to invest around €100 million in solar and €15 million in recharge stations for electric vehicles over the next five years. The company aims at investing mainly in residential and C&I projects.
Around 3,000 incentive applications were filed with the portal in the first five minutes after it was activated. The first-come-first-serve principle, however, will not be applied to determine which developers will have access to the incentive program.
Owners of residential solar PV systems in Austria will receive €0.0791 per kWh for power surplus in 2018.
Starting from next year, the incentive scheme for solar in Austria will change. FITs will be prioritized for self-consumption projects. In addition, starting in March 2018, a nationwide storage incentive prorgam will be launched.
The Austrian Parliament has approved a new renewable energy law. For the first time, storage combined with PV will receive support. The local association Photovoltaic Austria expects a 25% growth for PV in 2018.
A small increase of 2.6 % was recorded in the Central European country last year. The Austrian Photovoltaic Association is still calling for an adjustment of the state´s Green Electricity Act to unleash the limited PV extension.
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
A joint project conducted by the Carinthian Tech Research Center and the Austrian Institute of Technology, in conjunction with German equipment manufacturer teamtechnik has developed a lead-free PV system using glued ribbon technology.
The Austrian Government has allocated €5.95 million ($6.34 million) to solar incentives for 2017. Applications are being accepted starting from Tuesday.
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