photovoltaic solar projects Czech Rep
Martifer Solar believes that the Central and Eastern Europe (CEE) is shaping up to become the next hotspot for solar PV, with the Czech market at the top. Contributing to 89.4% of the CEE, the Czech solar PV market grew at a tremendous pace in 2008 and 2009, driven by generous financial incentives by the government, incentives that in 2009 have been fixed with a new regulation.
The Czech government is looking to develop solar PV to meet its renewable energy target of generating 8% of the electricity from renewables by 2010.
The Energy Regulation Authority of the Czech Republic (Energetický Regulační Úřad, abbreviated as "ERÚ“) in its ruling 5/2009 published on 23 November 2009 announced the feed-in-tariffs for photovoltaic installations in the Czech Republic for the year 2010.
ERÚ reduced the feed-in-tariffs for 2010 by the maximum of 5% set by law no. 180/2005 for the support of the production of electricity from renewable energy sources. For PV installations with an installed capacity of up to 30 KWp the feed-in-tariff will be CZK 12.25 per KWh (0,47 * € ) and the corresponding green bonus will be CZK 11.28 per KWh (0,43* € ) . For PV installations with an installed capacity of more than 30 KWp the feed-in-tariff will be CZK 12.15 per KWh and the corresponding green bonus will be CZK 11.18 per KWh (0,428* €). The annual indexation of feed-in-tariffs and green bonuses for PV installations connected before 1 January 2010 was set at the minimum level of 2%.
The Czech Government approved a proposed amendment to law no. 180/2005 that would increase ERÚ's flexibility in adjusting feed-in-tariffs for renewable energy sources on a year-on-year basis. This proposal has yet to pass the entire law formation process in the Czech Republic and foresees an effective date of 1 January 2011.
Ricardo Meireles, the Martifer Solar country manager for the Czech Republic concluded: “the ERÚ's announcement were highly expected by us and still provide very attractive conditions for our installations in the Czech Republic. On this basis we expect an extraordinarily active year 2010. The Czech Republic is the gate for the East Europe, and we are very well positioned".
Source: Energy Regulation Authority of the Czech Republic.
*Exchange Rates December the 15th 2009, 1 EUR = 26.07 CZK.
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