
Czechia has expanded its subsidy program for solar and storage by CZK 1 billion
This will enable businesses to save up to 30% on solar and 50% on storage system costs
To date, the scheme has awarded interest-free loans to 128 projects, representing a combined 4.86 MW
The Ministry of Industry and Trade (MPO) in Czechia has tipped in an additional CZK 1 billion ($44.13 million) into its subsidy program to provide interest-free loans to the commercial and industrial (C&I) segment to invest in solar and storage systems.
This additional funding expands the program’s total budget to CZK 3 billion ($132.4 million) with a subsidy component from the National Development Bank (NRB). It will enable the companies to save up to 30% of eligible expenses for the installation of PV systems and up to 50% on energy storage systems.
“The interest of entrepreneurs in our support program has exceeded all expectations,” explained the Minister of Industry and Trade, Lukáš Vlček. “Although we already increased the allocation to a total of two billion crowns in February this year, the applications received have already exceeded this limit and it would be necessary to end the call. Therefore, we decided to increase the allocation to three billion crowns so that entrepreneurs have enough time to prepare projects and submit applications to the NRB.”
The Czechia program supports the installation of solar systems with up to 50 kW capacity on buildings, warehouses, garages and carports. The idea behind the program is to support as many companies as possible in their efforts to achieve greater energy self-sufficiency, stated the ministry.
Originally announced on July 26, 2024 as part of the Operational Program Technologies and Applications for Competitiveness 2021-2027 (OP TAK), the program is part of the ministry’s broader climate change mitigation measures. To date, the ministry has approved interest-free loans for 128 projects with a combined capacity of 4.86 MW.
Earlier this year, Czechia introduced a decree to promote the development of agrivoltaics as the country targets to lower its GHG emissions by 55% by 2030 (see Czechia Enshrines Agrivoltaics With A New Decree).