Community and Renewable Energy Scheme funding
CARES has helped over 200 renewable energy initiatives get up and running and since 2013 has made £35 million available to support councils, community groups, non-profit organisations and small and medium enterprises to deliver projects in their communities.
Chris Morris, Local Energy Scotland manager, said:
“New, innovative and smart renewable project models are evolving – and the advice, support and funding from CARES continues to adapt and remain flexible to help projects achieve their ambitions. We look forward to supporting another diverse and exciting range of projects at the second funding panel, which will enable innovative solutions to local energy needs.”
Three funding streams have been created to respond to the emergence of new innovative projects:
- Enablement Grants of up to £25K to help with feasibility studies for energy systems or renewable energy projects, investigation of shared ownership or community benefit
- Development Loans of up to £150K to fund development costs, taking projects from feasibility through to procurement for a design and build contract
- Innovation Grants of up to £150K to accelerate innovative activity, from building a business case to long term development support
The closing date for applications to this funding round is 3 September 2018. Details of the next funding rounds are available here.
09 August 2018