The RENEWFM is one of the EU financing programmes contributing to the clean energy transition and the European Green Deal objectives including the goals and objectives of the Paris Agreement, 2030 climate and energy targets and long-term decarbonisation objective).
The EU Renewable Energy Financing Mechanism has a cooperative nature: it allows all countries that take part in it and to share the statistical benefits of the produced renewable energy.
This call aims to provide support for renewable energy projects and targets ground mounted solar PV and onshore wind projects as a well established and low-cost renewable energy technology aimed at high reliability in terms of deploying fully operational renewable electricity (RES-E) capacities and generation volumes and thus assumes effective and quick project realization from awarded project applicants.
The following activities aiming at the deployment of renewable energy capacities can be funded:
RES technology and location:
A project is considered as a single renewable energy project if it is connected to the electricity grid (or to the off-taker, in case of off grid projects) via a single connection point.
Specific conditions per RES technology and hosting MS apply as below:
Ground mounted solar PV projects in Finland:
Onshore wind projects in Estonia:
The call will give investment support (EUR per MW) relating to the installation of additional units of RES per MW of, respectively, ground mounted solar PV / onshore wind energy.
The following maximum capacities apply at Member State level:
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
For help related to this call, please contact: CINEA-RENEWFM@ec.europa.eu