CARES Funding 2019-20

Deadline 13 Jan 2020

 

 

The Scottish Government’s Community and Renewable Energy Scheme (CARES) is delivered by Local Energy Scotland and offers a range of financial support to help you deliver local energy projects. The CARES funding streams support you from initial ideas through to construction to your project being operational.

The team of CARES Development Officers can help you to develop your application and, if approved, they can also help you with appointing consultants or contractors. They also have a wealth of information available on the website and those interested in applying for CARES support are encouraged to read the general guidance note and the supplementary guidance for each of the funds. This contains details of the current funding themes and eligibility.

The main funding streams for new applicants are:
• CARES Enablement Grant – Up to £25K which can be used to fund feasibility studies for energy systems or renewable energy projects, to investigate shared ownership opportunities or to work to maximise the impact from community benefit association with renewable energy projects. Enablement grant applications are accepted throughout the year.
• CARES Development Loan – Up to £150K (10% interest rate) for renewable energy projects with a reasonable chance of success. The loans can include a write-off facility that allows development risk to be mitigated by allowing the applicant to apply to change the loan to a grant, if the project is unable to progress.

For more information click here.