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Switzerland to photovoltaic development 600 Million Francs!
 Mar 29, 2024|View:674

Reportedly, Switzerland will allocate 600 million francs in subsidies for the development of the photovoltaic industry in 2023.

Moreover, in order to promote the local photovoltaic industry, the Swiss government has reserved ample resources, allowing photovoltaic projects to proceed without an extended waiting period. It is understood that photovoltaic power generation is the second most important renewable energy source in Switzerland, following hydroelectric power.

In October 2022, Switzerland revised the Energy Law, focusing on emergency measures to ensure winter power supply. The new federal law aims to permit and facilitate the construction of large-scale ground-mounted photovoltaic systems at altitudes of 1500 meters and above in the Swiss Alps. The Swiss government’s goal is to increase photovoltaic power generation in the Alps to 2 TWh through incentive programs."trina solar panels


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