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Clean energy for EU islands
  • Regulatory information
  • Electricity support

Loan and Subsidy (KfW Premium Deep Geothermal Energy)

  1. Abbreviated form of legal source(s)

    Renewable Energies – Premium – Deep Geothermal Energy

  2. Description of support scheme

    KfW supports new plants producing electricity from deep geothermal sources with loans and a repayment bonus. A repayment bonus is a reduction of loan that has to me repaid and can be granted after the completion of work.

  3. Amount

    The loan is up to 80 % of the costs and at most, EUR 10 million (in exceptions 25 million). The interest rate starts at 1 %. The repayment bonus varies with the type of installation and can be up to 50 % of the loan. A repayment bonus is a reduction of loan that has to me repaid and can be granted after the completion of work.

  4. Addressees

    Companies, private persons, agricultures, public companies and communes, civil initiatives.

  5. Procedure

    Applicants can prepare the application via an online tool on the website. They must then find a financing partner. The bank administers the KFW loan. Further information can be found on this website:
    https://www.kfw.de/inlandsfoerderung/Unternehmen/Energie-und-Umwelt/Förderprodukte/Erneuerbare-Energien-Tiefengeothermie-(272-282)/

  6. Competent authority

    KfW loans are administered and disbursed by regular banks.

  7. Technologies

    Wind energy onshore
    Wind energy offshore
    Solar energy
    Geothermal energy

    The energy must be extracted from a depth of at least 400 m and the temperature of the thermal fluid must exceed 20°C.

    Biogas
    Hydro-power
    Biomass