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Sweden Proposes to Raise State Aid for Solar Cell Investment

Sweden Proposes to Raise State Aid for Solar Cell Investment

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Sweden’s government proposed to increase state aid for investment in solar cells by 200 million kronor ($25 million) in 2017 and by 525 million kronor next year. That means aid will total 915 million kronor per year in 2018-2020, the government said in an emailed statement on Saturday. It also proposed to increase support to 30 percent of the investment cost for households that install solar cells on their roofs, from today’s 20 percent.

Source:Bloomberg
Anand Gupta Editor - EQ Int'l Media Network

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