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Solar power in Austria contributes 8.82 TWh of generation to the Austrian grid, accounting for 11.2% of total electric power generation as of 2024, with 8.48 GW of installed capacity.
Austria's solar energy sector is poised for a significant transformation as the government updates its subsidy guidelines to incentivize more power purchase agreements (PPAs) for solar photovoltaic (PV) projects.
Moreover, the maximum subsidy for electrical storage systems has been raised from €25,000 to €50,000, reflecting a commitment to bolstering the infrastructure necessary for sustainable energy storage. Austria's solar power capacity has been on a steady upward trajectory, buoyed by supportive government policies and declining technology costs.
As of the end of 2023, Austria's solar power capacity had reached 3,667 MW, according to the International Renewable Energy Agency (IRENA). This growth has been propelled by an array of policy measures, including feed-in tariffs, investment subsidies, and now, the updated guidelines for PPAs.
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