The Greek government has opened for applications a programme that will subsidise businesses to install energy storage systems, either as part of new solar projects or as an addition to existing plants.
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Greece''s Ministry of Environment and Energy has revealed a new €200 million ($215.3 million) subsidy program for solar projects and small storage systems in the residential and agricultural
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In both cases, only the storage system is subsidized. The size of the subsidy depends on the company submitting the application – the number of its employees and annual turnover. It is set at 30% of the system cost for large companies, 40% for medium-sized companies, and 50% for small companies.
A total of EUR 100 million in grants will be allocated for micro and small enterprises with the remaining share reserved for medium and large enterprises. All beneficiaries of the program should be existing businesses operating in the territory of Greece and established by June 30, 2024.
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