A new German subsidy programme for charging electric cars with solar power was launched on Tuesday.
Up to 500 million euros (529 million dollars) would be available for the purchase and installation of a charging station for electric cars.
According to the plan, the charging station for electric cars is in combination with a photovoltaic system and a solar power storage unit.
The Federal Ministry of Transport and Digital Infrastructure (BMDV) and the state development bank KfW, said there was an investment grant of up to 10,200 euros for owner-occupiers.
That is the owner occupiers of the residential buildings who already possessed an electric car or have one on order at the time of application.
Applications can be submitted online to KfW starting on Tuesday.
The “first come, first served” principle applies, and when the funding runs out, it runs out.
According to the ministry, the maximum amount of funding can only be received by those who also allow their vehicle’s battery to empty.
The battery can thus serve as a small part of a reserve from which electricity can flow back into the grid or be used in one’s own home if necessary.
