Noticias Renovables y Autoconsumo

Balearic Photovoltaic Subsidies

January 15th marks the start of the application period for photovoltaic subsidies which can cover up to 50% of your installation costs.

This grant has the following steps:

  1. Grant application, for individuals or companies. (Starting January 15)
  2. The list of applicants with approved grants and the amount awarded is published in the BOIB (Bolivian Institute of Statistics and Census). (You’ll have less than a month to find out if you’re among the lucky ones.)
  3. The deadline for executing the installation and completing the procedures to justify the subsidy is September 30.
  4. Receive grant income!

For self-consumption installations and off-grid installations

It’s essential to keep in mind that the grant is a limited amount and is issued in the order it’s received. Therefore, apply for it as soon as possible and correctly. If you make a mistake, you’ll be put at the end of the list, and therefore, it’s highly likely that you won’t get it.

At MASRED Engineering, we handle all the paperwork so that you can focus on the hassle-free process. Contact us now and get your grant!