Country:Poland
Year:2014
Policy status:In Force
Jurisdiction:National
Date Effective:2014
Policy Type:Economic Instruments>Fiscal/financial incentives>Loans
Policy Target:Multiple RE Sources, Multiple RE Sources>All
Policy Sector:Electricity, Heating and Cooling
Size of Plant Targeted:Small and Large
Agency:The National Fund for Environmental Protection and Water Management
URL:https://www.nfosigw.gov.pl/oferta-finansowania/srodki-krajowe/programy-priorytetowe/bocian-rozproszone-odnawialne-zrodla-energii/
Funding:420 mln PLN
Description:

The goal of the programme is to reduce or to avoid CO2 emissions by increasing energy production from renewable energy sources.  The programme provides a support in a form of soft loans. The budget allocation is for years 2014-2020.

Detailed rules of the loan mechanism:

The intensity of financing differs depending on the renewable energy technology. RE technologies are eligible to receive soft loans amounting to the following percentages of capital investment.

  • Wind power plant- up to 30 %;
  • Photovoltaic system - up to 75 %;
  • Energy from geothermal waters - up to 50 %;
  • Small hydropower plants - up to 50 %;
  • Biomass heat source - up to 30 %;
  • Biogas power plants- up to 75 %;
  • Generation of electricity from high efficiency cogeneration on biomass - up to 75 %.

Maximum loan level per each project is 40 mln PLN. Financial support from BOIAN programme cannot be combined with other financial support programmes founded by The National Fund for Environmental Protection and Water Management.

Interest rate on the loan does not exceed 2%. The loans can be granted for a maximum period of 15 years. The first loan instalment has to be paid back no later than 18 months after the loan was granted. The loan cannot be cancelled.

Loan beneficiaries:

Following construction, expansion or reconstruction of renewable energy projects are entitled to benefit from the loan support:

RE technology type

Min capacity

Max capacity

Max investment costs (mln PLN/MW)

Wind

-

3 MWe

6,3

Solar PV

200 kWp

1 MWp

10

Geothermal

5 MWt

20 MWt

3,7

Small hydropower

-

5 MW

25

Biomass for heat

-

20 MWt

8,6

Biogas power plants

300 kWe

2 MWe

16

High efficiency cogeneration on biomass plants

-

5 MWe

13,75

 

Related policies:Loans from the National Fund for Environmental Protection and Water Management

Last modified: Fri, 16 Sep 2016 11:05:33 CEST