The Scottish government has announced a new £60m fund to help large scale projects that support Scotland’s Energy Strategy, which was published in December 2017.
Projects which deliver low carbon heating solutions, integrated energy systems, and ultra-low emission vehicle charging infrastructure will be able to apply for up to £100,000 to develop investment-ready business cases or financial support of up to 50% of the total capital value of a project up to a maximum of £10 million per project is available for capital–ready projects.
Scottish climate change secretary Roseanna Cunningham said: “We have, first and foremost, a moral obligation to fight climate change. But for a nation with Scotland’s resources and skills, the transition to a more prosperous, low carbon and circular economy also presents a valuable economic opportunity.
Scottish transport minister Humza Yousaf added: “The Scottish Government is committed to the introduction of a cleaner, greener transport network and ultra-low emission vehicle infrastructure is central to that. I am pleased we are making such a significant sum available to encourage innovative local solutions to some of our most challenging national issues.
The Low Carbon Infrastructure Transition Programme (LCITP) is co-funded by the European Regional Development Fund (ERDF). It has already offered over £40 million of funding to 16 low carbon demonstrator projects supporting low carbon energy generation and supported the co-development of over 30 proof of concept and development proposals.
Projects must be based in Scotland and be able to be fully operational by September 2021.
Funding applications can be found here.