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German government to introduce new subsidies for solar energy storage

SOLARSERVER - The German Federal Ministry of the Environment has announced that new incentives for energy storage systems for solar photovoltaic (PV) installations will begin in February 2013.

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Print January 29, 2013, 13:55 (CET)
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The three-year subsidy program will have a EUR 50 million (USD 67 million) budget and will be available for PV systems with a capacity smaller than 30 kW, providing a grant of EUR 800 (USD 1,080) per kWh of storage. No additional certification will be needed, and self-consumed solar power will not be eligible for participation in the nation's feed-in tariff.

 

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