April 19 (Renewables Now) - Lithuania’s Ministry of Energy has signed an order to back the installation of small residential solar power systems through an upcoming call for proposals with a budget of EUR 4.5 million (USD 5.1m).
Individual homeowners and owners of one or two flats will be eligible for financial support after installing solar arrays with capacities of up to 10 kW. Each kilowatt will receive EUR 323, which means that a 10-kW installation will benefit from EUR 3,230 in financial support.
Overall, Lithuania intends to invest more than EUR 16 million of EU funds in this field by 2023, according to the announcement.
Energy minister Zygimantas Vaiciunas said in a statement that the government wants to encourage as many citizens as possible to generate electricity for their own use.
The call for proposals will be launched on May 10 and will last one month. Residents will know in mid-July 2019 whether they won support or not.
(EUR 1.0 = USD 1.125)