Expanded State Funding for the Installation of Renewable Energy Equipment

In a recent development, the Ministry of Climate and Energy (KEM) in Latvia has announced amendments to its renewable energy support program. The specific names of the individuals or institutions proposing these changes remain undisclosed.

The program, which has been ongoing for about three years, currently offers support for the purchase of renewable energy installations, including solar panels, wind generators, and now, energy storage devices like batteries. The maximum amount of support for these devices remains at €2,500, regardless of whether they are bought with or without a solar panel or wind generator.

Until now, energy storage devices could only be purchased together with solar panels in the support program. However, with the new amendments, a resident who has already installed solar panels with state support can buy a battery separately and still receive support.

Over the past three years, approximately 13,000 renewable energy installations have been purchased and installed in Latvia with state support. If the expected 11,000 more projects are implemented, the number of renewable energy projects in Latvia could total around 24,000. The timeframe for the implementation of these additional projects is not specified in the provided information.

The renewable energy installations supported by the program in Latvia have not been specified in the provided information. However, the total potential investment in renewable energy installations and energy storage devices in Latvia, including both the current and expected projects, could reach €54 million. The total amount of state support for these installations is €42 million, according to the information provided by the Ministry of Climate and Energy (KEM).

The support program for renewable energy installations in Latvia continues to be managed by the Ministry of Climate and Energy (KEM). The program now includes the possibility for citizens to receive support for the purchase of energy storage devices (batteries).

It is worth noting that the information about the number of energy storage devices purchased and installed in Latvia with state support is not provided in the article. Nonetheless, the expansion of the renewable energy support program in Latvia is a significant step towards the country's goal of increasing its reliance on renewable energy sources.