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Murcia to subsidise up to 50% of home PV systems' cost

Rooftop solar panels. Photo by: EBRD (www.ebrd.com).

March 25 (Renewables Now) - The Spanish region of Murcia has launched an aid scheme with a total budget of EUR 300,000 (USD 339,398) with the goal of co-financing the installation of residential solar photovoltaic (PV) systems in its territory.

Aid will be granted to individuals regardless of whether they own, rent or use property located in the region, according to the local government’s website. The awarded amount can cover up to 50% of the cost of the installation.

Three types of installations are eligible to receive funds, and all must have a nominal capacity of not more than 10 kW. Funds for off-grid and grid-connected dwellings that require solar panels and a battery backup will amount to EUR 2 per watt.  Those who want to equip grid-connected residences with solar panels but without battery support will receive EUR 1.5 per watt.

Interested parties can submit their applications by the end of May 27.

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Sladjana is the newest addition to the Renewables Now team. She has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry.

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