Thursday, 3rd October 2024

Slovenia Invests €20 Million in Solar Energy Boost

Slovenia has earmarked €20 million to co-finance the construction of solar power plants on public buildings and parking lots, marking a significant leap towards the nation's sustainable energy future

In a bold step towards sustainable energy, the Slovenian Ministry of Environment, Climate, and Energy announced a €20 million public tender on Saturday to co-finance the construction of new solar power plants. This initiative, which is set to energize public buildings and parking lots with solar power by 2026, draws funding from the recovery and resilience plan, marking a significant move towards greening Slovenia’s infrastructure.

The tender targets the installation of solar panels on parking areas and construction sites owned by municipalities or the state, signaling a broad approach to harnessing solar energy across public domains.

Applicants are invited to submit their proposals in three phases, with deadlines on 15th April 2024, 2nd September 2024, and 10th February 2025. Should the funds be allocated before the final deadline, the call for applications will be closed ahead of schedule.

Eligible projects include the purchase and installation of self-sustaining solar setups with a minimum total installed capacity of one megawatt of photovoltaic panels, optionally coupled with battery storage solutions.

Grants are available exclusively for new self-use and storage systems, emphasizing the initiative’s focus on enhancing self-sufficiency. The inclusion of battery storage as part of the financing is contingent upon its integration with the acquisition and installation of photovoltaic panels.

Funding from the European mechanism for recovery and resilience will cover up to 49% of the recognized eligible costs for concessionary public-private partnership projects, capped at €358 per kilowatt (KW) of installed nominal electric power of the photovoltaic panels. For projects realized through public procurement or public-private partnership procurement procedures, up to 100% of costs may be covered, with a ceiling of €730 per KW of installed power.

However, no application can receive more than €5 million in funding, ensuring a wide distribution of resources across projects.

Submissions are to be reviewed by the ministry in the order they are received, with this initiative poised to significantly contribute to Slovenia’s renewable energy landscape and its commitment to environmental sustainability.

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