Germany to support PV storage

An integrated European grid would benefit consumers and companies

An integrated European grid would benefit consumers and companies

Germany will start a support scheme for power-storage systems for owners of small and medium PV installations from May 1, environment minister Peter Altmaier has told Deutschlandfunk radio.

The minister did not provide further details. But Germany’s industry federation BSW Solar says owners of solar installations will receive up to €660 ($861) in support per kilowatt capacity. Germany’s KfW development bank will provide up to €25m in support during the first year of the programme.

The environment ministry was not immediately available for comment, but it had told Recharge earlier that the purpose of the programme was to set a technological development in motion and to find out to what extent storage systems could help stabilise the power grid.

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