EUR 150 Million in Renewable Energy Incentives

EUR 150 Million in Renewable Energy Incentives

June 2023

Slovenia’s government plans to provide incentives worth EUR 150 million (USD 164 million) to support the development of renewable energy capacity in the country. The government plans to launch a public call for investments in the production of electricity from renewable sources, power storage, and production of heat from renewable energy sources in September.

The incentives will back electricity production from hydropower plants, photovoltaic plants, and geothermal plants with an installed capacity of 1 MW or less than 6 MW if the production facility is fully owned by small and medium-sized enterprises.

The government will also support electricity production from wind farms with an installed capacity equal to or less than 1 MW or equal to or less than 18 MW, if the production facility is fully owned by SMEs, co-production of power and heat from biomass.

By 2030, Slovenia aims to achieve a renewable energy share of at least 27% of total energy usage and to have two-thirds of consumption in buildings sourced from renewable energy.

June 2023

Slovenia’s government plans to provide incentives worth EUR 150 million (USD 164 million) to support the development of renewable energy capacity in the country. The government plans to launch a public call for investments in the production of electricity from renewable sources, power storage, and production of heat from renewable energy sources in September.

The incentives will back electricity production from hydropower plants, photovoltaic plants, and geothermal plants with an installed capacity of 1 MW or less than 6 MW if the production facility is fully owned by small and medium-sized enterprises.

The government will also support electricity production from wind farms with an installed capacity equal to or less than 1 MW or equal to or less than 18 MW, if the production facility is fully owned by SMEs, co-production of power and heat from biomass.

By 2030, Slovenia aims to achieve a renewable energy share of at least 27% of total energy usage and to have two-thirds of consumption in buildings sourced from renewable energy.