Interest in photovoltaics in Czechia continues this year, applications triple year on year

The sharp rise in demand for photovoltaic power plants in the Czech Republic is continuing this year. In the first quarter, the number of applications for photovoltaic subsidies rose to 21.587, three times higher year on year. This is according to data from the State Environmental Fund of the Czech Republic and the Czech Association for Battery Storage and Photovoltaics (CAFT). CAFT says the time needed to install a power plant is gradually getting shorter.

Interest in installing photovoltaics began to grow last year as energy supplies became more expensive. A total of 33.760 photovoltaic power plants with a combined capacity of 288,8 megawatts (MW) were commissioned in Czechia, a year-on-year increase of 366 percent.

„The rising figures suggest that, while Czechia is heading for another record year in terms of the number of photovoltaic panels installed, the pace of growth is no longer as frenetic. My estimate is that we are moving from a phase of rapid growth towards gradual market stabilisation,“ said CAFT chairman Aleš Hradecký.