MPO increased support for photovoltaics by CZK 1bn

Published: 27.05.2022 Related countries:  South Africa South Africa

MPO increased support for photovoltaics by CZK 1bn

The Ministry of Industry and Trade of the Czech Republic (MPO) increased the allocation for the support of photovoltaic systems with/without accumulation by CZK 1bn. The reason was the great interest of entrepreneurs. CZK 4bn is thus prepared for companies instead of the original CZK 3bn. At the same time, the Ministry of Industry and Trade extended the deadline for submitting applications until August 31, 2022. Minister Jozef Síkela (for STAN) stated that the support of renewable sources led by photovoltaic systems is one of the main directions we must take not only in efforts to reduce emissions, but also to minimize our energy dependence on Russia.

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