How much solar power does the Czech Republic have in 2022?

As the central European nation clocked in 2,627 MW of installed solar PV capacity at the end of 2022 – which is 426 MW up from the previous year, according to estimates published by the International Renewable Energy Agency (IRENA) – the Czech Republic’s continued achievement of these solar gains was on the lips of most attendees.

Can a PPA be used to sell solar power in Czechia?

Several utility scale solar projects are being developed in Czechia, with investors hoping to secure subsidies from a recently launched rebate scheme that covers up to 50% of the costs. Securing a PPA to sell power, however, may be more difficult, as the current market conditions do not offer many opportunities for long-term deals.

Is the solar industry booming in Czech Republic?

Czech Environment Minister Petr Hladik said that the solar industry is currently experiencing a huge boom. However, he dashed hopes for the country only pursuing PV by stating that its generating capacity would be a mix of renewables and nuclear. There are six commercial reactors generating roughly one-third of the landlocked country’s electricity.

Will Czechia reach its solar potential?

As Czechia reaches its solar potential, with impending changes to the country’s legislative landscape ushering in greater utility-scale solar array rollouts, over 5,000 attendees – government ministers, industry experts, and key business stakeholders – descended on Prague this week for the 2023 Smart Energy Forum.

Will solar power ever eclipse nuclear power in Czechia?

Robert Sedmera, a sales representative for Austrian PV manufacturer Fronius, told pv magazine that the company has operated in Czechia since 1991. He said he does not believe the country’s solar capabilities would ever eclipse nuclear, but noted that the public appetite is leaning more towards solar and cheaper electricity prices.

Is the PPA market a bottleneck in Czechia?

According to him, however, the PPA market is currently one of the main bottlenecks in Czechia, which the association has been warning about for years. “New large projects will receive capex subsidies, but will otherwise have to find a commercial off-taker,” Krčmář explained.