The Irish government has recently announced significant enhancements to the Solar PV Scheme, aimed at encouraging businesses in Ireland to adopt solar energy solutions. The amendments to the existing Non-Domestic Microgeneration Scheme, operated by the Sustainable Energy Authority of Ireland (SEAI), will provide increased funding ranging from €2,700 to €162,600, enabling a broader range of businesses to make the switch to solar power.
The expanded grant supports will cover installation sizes greater than 6 kWp up to 1,000 kWp (1 MW) capacity, making it accessible to small local shops, large manufacturing facilities, public buildings, sports clubs, and community organisations. With an installation size of 1,000 kWp accommodating approximately 2,500 solar PV panels, even large factories and warehouses can benefit from this initiative. The full announcement can be read here.
- The enhanced Solar PV Scheme offers increased funding ranging from €2,700 to €162,600, reducing payback periods and making solar panel installations more financially viable for businesses in Ireland.
- The expanded installation sizes, from 6 kWp up to 1,000 kWp, cater to a wide range of businesses, including small local shops, large manufacturing facilities, public buildings, sports clubs, and community organizations.
- By transitioning to solar power, businesses can reduce energy costs, increase resilience to price volatility, and contribute to Ireland’s national climate change targets by reducing carbon emissions.
- The removal of planning permission requirements for solar panel installations and the reduced VAT rate of 0% further incentivize businesses to consider solar energy solutions.
- The amended Solar PV Scheme, operating on an introductory basis until the end of 2023, presents an opportunity for businesses to gather valuable data on the demand for solar PV solutions and potentially receive multi-annual support for small and medium-sized enterprises (SMEs).
Renewables Ireland, as Ireland’s leading professional contractor for solar panel installation as well as other renewable energy solutions, and is well-equipped to assist businesses in harnessing the benefits of solar power and navigating the enhanced supports available under the Solar PV Scheme.
Businesses in Ireland are encouraged to seize this opportunity to embrace renewable energy sources like solar power, as there is no better time to make a positive environmental impact while achieving cost savings and enhancing sustainability.
Renewables Ireland is here to assist with all types of energy saving technologies so talk to us today about your business solar panel power requirements.