Athens energy storage subsidies

What are the subsidiaries of Athene?

Athene's principal subsidiaries include Athene Annuity & Life Assurance Company (Delaware-domiciled), Athene Annuity and Life Company (Iowa-domiciled), Athene Annuity & Life Assurance Company of New York (New York-domiciled), and Athene Life Re Ltd. (Bermuda-domiciled).

Who gets subsidies for batteries?

According to the official program guide published in December, smaller businesses that install batteries will receive the largest subsidies, 50%. Medium-sized firms get 40% and large companies 30%. The beneficiaries are eligible for assistance with technical studies and connection to the grid.

What is the energy storage for businesses program?

The Greek Ministry of Environment and Energy launched the Energy Storage for Businesses program with subsidies for installing batteries.

How much money will be allocated to small businesses in Greece?

A total of EUR 100 million in grants will be allocated for micro and small enterprises with the remaining share reserved for medium and large enterprises. All beneficiaries of the program should be existing businesses operating in the territory of Greece and established by June 30, 2024.

How much a storage system is subsidized?

In both cases, only the storage system is subsidized. The size of the subsidy depends on the company submitting the application – the number of its employees and annual turnover. It is set at 30% of the system cost for large companies, 40% for medium-sized companies, and 50% for small companies.

What is the size of a company subsidy?

The size of the subsidy depends on the company submitting the application – the number of its employees and annual turnover. It is set at 30% of the system cost for large companies, 40% for medium-sized companies, and 50% for small companies. It will be allocated on a first-come, first-serve basis.