News and Articles
10/01/2012 | News, Newsletter April 2012
More heat from renewable energies: incentives announced for the next 5 years in Germany

The KfW Bank and the Ministry for the Environment (BMU) have agreed on incentives for large scale heat production from renewable energies for the next 5 years in Germany.

The programm ’Renewable Energies Premium‘ will help finance large solar collectors, heat storage, district heating, biogas systems, biomass systems, and geothermal energy, as a part of the ministry’s market development program. Large and industrial systems will benefit from these incentives.

‘Our goal is to reach 14% of the total heat demand covered with renewable energies in 2020. Industrial and communal investments in heat production with renewable energies play a big role.’ says Jürgen Becker, State Secretary for the Environment.

The combination of KfW loans and grant repayements, proposed by the government in this program is attractive. The low interest loans to finance the construction of the system, and the grant repayement, which helps lowering the loan once the investment phase is over create ideal conditions for systems that supply different villages or districts at the same time.

The Program ’Renewable Energies’ started 10 years ago and 2 Mrd. € were already spent to finance over 10.000 measures.

Source: BMU Pressedienst, 012/12  Berlin, Februar 2012

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