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Abbreviated form of legal source(s)
Young Farmers’ Capital Investment Scheme
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Description of support scheme
Under Young Farmers’ Capital Investment Scheme, young farmers active in that sector can receive support for specific investments. Among them, purchase and installation of roof-mounted PV and/or battery storage are eligible for support. Young Farmers’ Capital Investment Scheme is part of Targeted Agricultural Modernisation Scheme II (TAMS II), included in the 2014-2020 Rural Development Programme of Ireland.
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Amount
Grant aid will cover 60% of the eligible expenditure (EUR 80,000 per holding) (ch.1.3 Young Farmers’ Capital Investment Scheme). PV systems up to 11kW are supported. The farmer may install a bigger PV system but at her/his own cost for any capacity above 11kW (ch.4.3 Young Farmers’ Capital Investment Scheme).
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Addressees
Young farmers between 18-41 years old (ch.3.1 Young Farmers’ Capital Investment Scheme).
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Procedure
Interested applicants make a submission online along with any necessary document (such as Planning permission). DAFM assesses the application. If approved, the applicant may carry on with the necessary works. Finally, the applicant makes a claim or payment and the grant is paid off (ch.5-8 Young Farmers’ Capital Investment Scheme).
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Competent authority
DAFM
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Technologies