The EUR 7.4 million (USD 8.66 million) program will be funded through the European Economic Area Financial Mechanism 2014-2021 and rebates will cover up to 85% of the costs for buying and installing a PV system, reported energy portal pv-magazine.

Businesses and homeowners will have time until November 29 to submit their project proposals.

According to European PV association SolarPower Europe, Croatia is aiming to reach 300 MW (megawatt) of distributed generation capacity by 2030 and is expecting PV to develop at this pace thanks to a tax exemption of self-consumed electricity, direct marketing, and a program for PV in buildings.

It is also planning to introduce new rules for renewable energy communities. The Croatian authorities are also currently holding a series of tenders for large-scale renewables.