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25-01-2021 | 13:06

Subsidy Plan to encourage the use of Electrical Vehicles in combination with Installation / Expansion of PV systems


The Ministry of Energy, Trade and Industry (YEEB) and the Management Committee of the Renewable Energy Sources Fund (RES) and Energy Saving (EXE), announced on 26/10/2020 the approval by the Council of Ministers of a proposal for the implementation of a new sponsorship scheme for the promotion of electric vehicles.
This project, the total cost of which can cover applications of up to 1 million euros, will provide financial incentives for the installation / expansion of a photovoltaic system (PV) and / or charging point, and a smart electricity meter in existing homes, for the purpose of charging an electric vehicle or a plug-in hybrid vehicle.

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