Subsidies for solar panel installation in the agro-industry
As part of its April 2022 "New measures to contain the rise in energy and agri-food prices" package enacted in response to the global energy crisis, the Portuguese government implemented the following measures:
- Subsidies for the installation of photovoltaic panels for agribusiness, agricultural exploitation, and hydro-agricultural development businesses (up to EUR 200,000 per company);
- A reduction of the minimum rate of VAT on electrical equipment (to 6%) for the agro-industrial sector; and
- Efforts to streamline the licensing of solar panels.
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