Government boosts solar grants to business

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Government boosts solar grants to business
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Industry says move will cut installation costs ahead of EU directive imposing renewable requirements on bigger business

Engineers carry a solar panel across a roof: the Government plans to extend solar energy supports to a wider range of business. Photograph: Emilio Parra Doiztua/BloombergThe Government has broadened solar grants to businesses in a bid to encourage more of them to switch to this form of electricity.

Ministers Eamon Ryan and Simon Coveney confirmed on Tuesday that Government intends amending the Non-domestic Microgeneration Scheme run by the Sustainable Energy Authority of Ireland to extend supports to a wider range of businesses. SEAI will offer grants ranging from €2,700 to €162,200 to aid businesses in installing solar panels, which could fund anything from corner shops to factories, according to a statement.

The move could cut up to 30 per cent off the cost to a business of installing solar power, the Government added. It calculates the scheme could cost €15 million in 2023.

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