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Clean energy for EU islands

Abbreviated form of legal source(s)

Renewable Energies Standard

Description of support scheme

KfW supports the construction, expansion and acquisition of installations for heat production from renewable energy sources with low interest loans.

Amount

The loan can cover up to 100 % of the investment sum and at most EUR 50 million. The interest rate starts at 1.03 %.

Addressees

Domestic, foreign, and public enterprises, public corporations, communal joint bodies, public institutions, freelance professionals, farms, natural persons, associations, cooperatives, foundations with legal capacities.

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/Privatpersonen/Neubau/Förderprodukte/Erneuerbare-Energien-(270)/

Competent authority

KfW loans are implemented by financing partners (e.g., banks).

Technologies

Aerothermal

Eligible

Hydrothermal

Eligible

Biogas

Eligible

Biomass

Installations producing heat from solid biomass of are supported if not exceeding a capacity of 2 MW.

Geothermal energy

Eligible

Solar Thermal

Eligible