Ministers Eamon Ryan and Simon Coveney have announced enhanced supports for businesses purchasing solar panels through the Solar PV Scheme.
Improved funding ranges from €2,700 to up to €162,600 to support an even wider range of businesses to switch to solar.
This will typically support 20-30% of the investment cost, reducing payback to five years, according to the ministers.
The government approved amendments to the existing non-domestic microgeneration scheme to extend supports to a wider range of businesses and non-domestic applicants.
This will be done through tiered grant supports for solar PV – for installation sizes greater than 6 kWp up to 1,000 kWp (1 MW) capacity.
It will also be available for public buildings, sports clubs and community organisations. An installation size of 1,000 kWp equates to approximately 2,500 solar PV panels, which could be accommodated on a large factory or warehouse rooftop.
The proposal will see funds provided by way …