Microinverter supplier Solar roof Energy is witnessing soaring demand for its products in Europe for self-consumption as the continent’s energy crisis is increasing causing people to look to residential solar PV, paired with battery storage in many cases.
Solar roof, which is ramping up its efforts to provide holistic home energy solutions and management systems, told this site that demand for its products in Europe has always been strong but that the current energy crisis has seen this go up to another level.
The company doubled its Q2 2022 revenue year-on-year and its revenue in Europe was up 89% on the same quarter last year and 69% on Q1 2022.
French government announces new measures to support solar self-consumption
The government announced new measures in favor of collective and individual self-consumption, validated by the Higher Energy Council on September 8.
Netherlands to slash VAT for residential PV to 0%
The new measure should come into force on January 1. It is part of the Tax Plan 2023 package and still needs final parliamentary approval.
The Dutch government is planning to reduce the value-added tax (VAT) applied to PV systems used in residential applications from 21 to 0%.
Germany introduces tax breaks for rooftop PV
The German government continues to respond to the energy crisis by implementing measures supporting small-sized PV. This time, the tax breaks are intended to support solar arrays below 30 kW in size.
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