Luxembourg to expand feed-in tariff scheme for small PV, wind
Rooftop solar array. Featured Image: Ralf Gosch/Shutterstock.com
The Grand Duchy of Luxembourg will expand its feed-in tariff support scheme to include new photovoltaic (PV) and wind categories from January 1, 2016.
The new legislation aims to foster growth of community projects with capacity of 30 kW to 200 kW. Only cooperative enterprises of at least 10 physical persons will be able to apply for the incentive.
"Through this specific remuneration for collective installations, we will actively support solar power cooperatives and mobilise investment initiative of the citizens to encourage more production of renewable energy", Etienne Schneider, Deputy Prime Minister and Minister of the Economy of Luxembourg, said in a press release yesterday.
At present, a 15-year power purchase contracts with feed-in tariff is only offered to solar power installations of up to 30 kW in capacity.
The Grand Duchy also plans to introduce more changes concerning renewable energy installations of over 500 kW in capacity or 3 MW or three production units for wind energy. The ministry's press release did not specify the exact changes for these segments. Luxemburg is targeting to achieve an 11% share of renewable energy in the final energy consumption by 2020.