The Slovak authorities will provide 140 million euros ($156.1 million) in subsidies in 2023 to subsidise 50 per cent of the cost price of purchasing and installing solar water heaters, heat pumps, biomass systems, solar collectors and photovoltaic systems up to 10kw.
The Slovak Innovation and Energy Agency (SIEA) this month launched a new phase of its subsidy programme to support the installation of solar water heaters, photovoltaic systems up to 10 kW, heat pumps, biomass systems and solar collectors.
The first applications for this year's programme will be launched in July, with a total budget of €140 million for 2023, it said.
SIEA said in a statement, "We are launching a completely new project with new conditions, a new list of equipment and a list of authorised contractors." Under the Greenhouse Programme, project developers are entitled to a one-off subsidy of 50 per cent of the total cost of purchasing and installing a renewable energy system or heat pump. The subsidy can be up to €3,400 for heat pumps, €1,500 for photovoltaic panels and biomass systems, and €1,750 for solar collectors.
Since its launch in 2015, SEIA has subsidised more than 53,000 installations to the tune of around €111 million. The International Renewable Energy Agency (IRENA) reports that Slovakia's installed PV capacity will be around 537 MW by the end of 2022, the same as the previous year.