Interest-free loans for photovoltaics

The National Development Bank (NRB) and the Ministry of Industry and Trade (MIT) launched a new programme to promote energy self-sufficiency and clean energy. From 31 July 2024, entrepreneurs and companies of all sizes can apply for an interest-free loan of between CZK 500,000 (EUR 20k) and CZK 3 million (EUR 120k), enabling them to install photovoltaic (PV) power plants on business buildings, warehouses, garages and carports. The support can also cover the cost of a battery-based electricity storage system. In addition, the loan comes with a grant component that allows NRB to forgive a significant portion of the repayments to clients (subject to certain conditions). The programme is financed by the ERDF, Operational Programme Technologies and Application for Competitiveness (OP TAC) 2021-2027) with a total allocation of CZK 1 billion (EUR 40m).