Government subsidy for mobile foldable pv system in Finland
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What is Finland's energy subsidy scheme?
The aim of the subsidy scheme is to promote energy investment and energy infrastructure projects that are in line with the Sustainable Growth Programme for Finland and that reduce greenhouse gas emissions in Finland and support the country’s 2035 carbon neutrality target.
Where can I find information about energy investment subsidies in Finland?
Website of Business Finland: First application round for energy investment subsidies On 4 October 2022, the Ministry of Economic Affairs and Employment made the first energy investment aid decisions under Finland’s Recovery and Resilience Plan to promote clean energy solutions. Aid was granted to six projects totalling EUR 99.8 million.
Can Business Finland grant Energy Aid?
Business Finland may grant Energy Aid to projects with investment costs of at least EUR 10,000 (energy efficiency investments) or EUR 30,000 (other energy investments, such as renewable energy or utilizing waste heat as district heat). There is no upper limit for the size of the project.
How much money did the Finnish government spend on energy projects?
The total amount of aid applied for was EUR 1.65 billion. The planned investments concern the transmission of electricity, hydrogen and district heat, solar and wind energy, biogas, hydrogen, electrification of industrial processes and energy efficiency. The projects are located across Finland.
How much funding is available for energy investments in Finland?
The amount of available funding will total about EUR 520 million. The Ministry of Economic Affairs and Employment and Business Finland will announce the first call for applications in the next few days. The Sustainable Growth Programme has specified the following amounts of funding to energy investments:
How will a hybrid energy system work in Finland?
In Finland, a number of hybrid projects are in the pipeline, combining wind, solar and also energy storage. These solutions will balance our energy system. On a global scale, solar power is one of the fastest growing forms of energy generation – its size and importance in the world’s energy mix is huge, larger than wind power.
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