Abbreviated form of legal source(s)
Renewable Energies Standard
Description of support scheme
KfW supports the construction, enlargement and acquirement of plants using renewable energies for electricity production through low-interest loans. The plants must comply with the regulations for the deployment of renewable energies.
Amount
Up to EUR 50 million per project. The yearly interest rate is at 1.03 %.
A combination with other public funding (e.g, feed-in tariff) is possible.
Addressees
Applicants can be private companies, companies in public property or companies owned by individuals, or public organisations, civil organisations or agricultures. The amount can also be granted for initiatives in other EU Member States to German companies.
Procedure
Applicants can prepare the application via an online tool on their 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-Umwelt/Förderprodukte/Erneuerbare-Energien-Standard-(270)/
Competent authority
KfW loans are administered and disbursed by regular banks.