The total capacity of solar power plants in Slovakia rose to 478 megawatts by end-June as the government's plan to reduce subsidies prompted investors to speed up construction, the utility regulator said.
As many as 514 companies have this year asked the regulator for permission to operate solar generators, compared with 299 by the end of the last year, Jozef Holjencik, the chairman of the Office for Network Industries, said today at a press conference in Bratislava. He didn't specify the installed solar capacity as of last year.
Slovakia has passed legislation that from July 1 limits subsidies for new solar generators with capacity exceeding 100 kilowatts, seeking to tame the impact of more expensive green energy on electricity prices for households. The state support was meant to help the country attain the European Union's goal to boost the share of renewable energy to 20 percent by 2020.
