New funding ranges from €2,700 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 as little as 5 years
New Solar PV Scheme enhancements will boost business investment in renewable energy generation
The Government has today (Tuesday, 4 July) approved amendments to the existing Non-Domestic Microgeneration Scheme, operated by the Sustainable Energy Authority of Ireland (SEAI), 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.
The new range of installation sizes will cover a significant variety of businesses, from small local shops up to large manufacturing facilities. It will also be available for public buildings, sports clubs and community organisations. An installation size of 1000 kWp equates to approximately 2,500 solar PV panels, which could be accommodated on a large factory or warehouse rooftop.
The joint proposal brought forward by the Minister for the Environment, Climate and Communications, and the Minister for Enterprise, Trade and Employment, will see funds provided by way of transfer from the allocation for the Temporary Business Energy Support Scheme (TBESS) to allow for an expansion of the existing non-domestic Solar PV supports. The amended scheme will operate on an introductory basis to the end of 2023 following which it will be assessed and subject to the normal budgetary process into 2024/2025. SEAI will implement the necessary changes and will open for applications under the amended scheme guidelines in mid July.