An amendment to the renewable energy subsidies law was recently approved, introducing significant changes from 1 January 2014, including:
- the end of subsidies for solar energy produced in facilities opened after 31 December 2013;
- the termination of subsidies for facilities whose ownership structure is non-transparent (i.e. Czech companies with anonymous shares or foreign companies that fail to disclose the identity of their beneficial owners);
- the extension of the period of validity of the special tax on sale by energy producers (but not re-sellers) of solar energy produced in facilities opened before 31 December 2010, though the rate will be decreased from 26 to 10 per cent.
The amendment will also bring important changes to subsidies for facilities using other sources of renewable energy, such as wind, water or biomass.