Expanded Renewables Scheme
| Name of funder | Expanded Renewables Scheme |
| Type of funder | Statutory |
| Geographical Scope | Scotland |
| Needs Funded | |
| People funded | Farmers and Land Managers |
| Deadline Date | No deadline given |
| Services funded | |
| Resources funded | |
| Funding Description |
The Scottish Government has announced that over £2 million is being made available in 2011-12 to farmers and other land managers to help with the development of renewable energy schemes in rural Scotland. Funds of £2.4 million are being put into the Scottish Government's existing Communities & Renewable Energy Scheme (CARES) Loan Fund, which will be open to farmers and land managers for the first time in April 2011. Last year CARES supported 300 community based projects which are expected to generate well over £20 million over the next 20 years. The 7.75 million pounds CARES scheme is open to community groups, land managers, local businesses and co-operatives working in partnership with community groups. To access the fund, land managers should form partnerships with local communities to share revenue. The additional 2.4 million pounds has been made available through savings within the Rural Development and Environment portfolio. CARES is designed to de-risk the pre-planning stage of renewable energy projects by offering loans of up to £150,000 to cover up to 90 per cent of the early costs which are repayable at a commercial rate should the scheme receive planning permission but written off if the application fails. Early costs could include environmental assessments, river flow analysis and deposits to connect to the national grid. |
| Range of amounts | Up to £150,000 to cover up to 90% of early costs |
| Contact Details | |
| Webpage | http://www.communityenergyscotland.org.uk/cares.asp |
| Successful bidders | |
| Search Again |
