Swedish government plans to add €16 million ($19.7 million) to existing budget that will boost solar installations and cut application processing time

Briefing

Swedish government plans to add €16 million ($19.7 million) to existing budget that will boost solar installations and cut application processing time

April 23, 2018

Briefing

  • Solar Budget Increase – Swedish government to boost spending on solar energy by €16 million ($19.7 million), bringing total government budget for solar conversion in 2018 to €100 million ($123.3 million)
  • Reduced Processing Times – Part of increase in solar spending will go to regional authorities to reduce processing times for solar power installation applications
  • Long Waiting Time – High demand for solar energy resulted in long waiting lists and wait time, which has reached up to two years in some areas
  • Supported Groups – Private individuals, public organizations, and companies in Sweden can apply for state support for solar panel installations

Accelerator

Market Disruption

Sector

Energy, Government (excluding military)

Organization

THE LOCAL se

Source

Original Publication Date

April 15, 2018

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