- Austria waives VAT on private solar systems from Jan 1, 2024, for 2 years.
- Move aims to simplify PV system acquisition and boost expansion.
- VAT reduced to 0% for systems up to 35 kW, covering components and assembly.
- Exemption replaces federal funding for rooftop solar and storage.
Austria’s 2-Year VAT waiver for PV systems
PV association urges grid expansion and modern legal framework for energy transition.
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )