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Environmental Innovation Programme (UIP)

The SAB Sachsenkredit Energy and Storage program offers substantial financial support for investments in renewable energy and energy storage within the Free State of Saxony. This program is targeted at businesses, municipalities, municipal associations, and public law entities engaged in photovoltaic systems, geothermal heat pumps, and electrical, thermal, and cooling storage systems.

Funding Opportunities:

  • Photovoltaic Systems: Funding for the construction or expansion of systems with a total capacity between 30 kWp and 1 MWp. These systems can be installed on buildings or open spaces.
  • Electrical Storage: Support for storage systems connected to photovoltaic installations of at least 30 kWp. The storage must be stationary, rechargeable, and permanently connected to the public electricity grid.
  • Geothermal Heat Pumps: Financing for the installation of ground source heat pumps in new buildings or nearby areas, primarily used for space heating, cooling, or combined with hot water preparation.
  • Thermal/Cooling Storage: Support for storage systems in new buildings powered by renewable energy sources that meet specific technical requirements.

Financial Details:

  • Investment Loans: Amounts ranging from 35,000 EUR to 5,000,000 EUR.
  • Repayment Subsidies: Up to 20% of eligible expenses.
  • Interest Rates: Aid-free interest rates for certain projects.

Non-Eligible Projects:

  • Photovoltaic systems already receiving EEG funding.
  • Systems on agricultural land.
  • Self-built or used components.
  • Projects in flood-prone areas without appropriate authorization.

Applications must be submitted before the project begins. For projects under 100,000 EUR, expenditures can start after the application is received; for larger projects, expenditures can commence only after approval. Additional details and technical requirements are outlined in the funding guidelines.

Expected Outcome

The expected outcomes of projects funded under the SAB Sachsenkredit Energy and Storage program include:

  1. Increased Renewable Energy Production:
    • Photovoltaic Systems: By expanding or installing new photovoltaic systems, the program aims to significantly boost the generation of clean, renewable electricity. This contributes to reducing reliance on fossil fuels and lowering greenhouse gas emissions.
  2. Enhanced Energy Storage Capacity:
    • Electrical Storage Systems: The installation of advanced electrical storage systems will improve the ability to store and manage electricity generated from renewable sources. This enhances grid stability, allows for better energy management, and optimizes the use of renewable energy.
  3. Improved Energy Efficiency:
    • Geothermal Heat Pumps: The use of geothermal heat pumps for space heating and cooling improves energy efficiency in buildings. These systems provide sustainable heating and cooling solutions while reducing energy consumption compared to traditional systems.
  4. Sustainable Building Practices:
    • Thermal/Cooling Storage Systems: Implementing thermal and cooling storage systems in new buildings supports energy efficiency by storing and utilizing renewable energy for heating and cooling. This leads to more sustainable building practices and reduced energy costs.
  5. Economic and Environmental Benefits:
    • Economic Growth: The funding stimulates investments in green technology, supporting local businesses and creating job opportunities in the renewable energy sector.
    • Environmental Impact: By increasing the use of renewable energy and improving energy efficiency, the projects contribute to environmental conservation and climate protection.
  6. Compliance with Regulations:
    • Technical Standards: The projects must meet specific technical standards and requirements, ensuring that they align with current energy regulations and contribute to the overall goals of energy transition and sustainability.

Overall, the SAB Sachsenkredit Energy and Storage program aims to advance the adoption of renewable energy technologies, enhance energy storage solutions, and support sustainable development within Saxony.

Scope

The scope of the SAB Sachsenkredit Energy and Storage program encompasses financial support for various types of renewable energy projects and energy storage solutions within the Free State of Saxony. Here’s a detailed breakdown of the scope:

  1. Photovoltaic Systems:
    • Eligible Projects: Construction or expansion of photovoltaic systems with a capacity of more than 30 kWp up to 1 MWp.
    • Installation Locations: Systems can be installed on buildings, facades, or open spaces such as parking lots.
    • Requirements: The systems must meet the technical standards outlined in the German Renewable Energy Act (EEG).
  2. Electrical Storage Systems:
    • Eligible Projects: Installation or enhancement of decentralized electrical storage systems that are permanently connected to the public electricity grid and coupled with photovoltaic systems of at least 30 kWp.
    • Requirements: Storage systems must be stationary, rechargeable, and meet specific technical standards.
  3. Geothermal Heat Pumps:
    • Eligible Projects: Installation of ground source heat pumps in new buildings or in close proximity, used primarily for space heating, cooling, or combined with hot water preparation.
    • Capacity: Geothermal heat pumps up to and including 100 kWth are eligible, and must be listed in the “list of eligible heat pump systems” by the Federal Office for Economic Affairs and Export Control (BAFA).
    • Technical Requirements: For systems over 100 kWth, there are additional requirements including achieving a specific annual performance factor and incorporating remote reading and data storage.
  4. Thermal/Cooling Storage Systems:
    • Eligible Projects: Installation or expansion of thermal or cooling storage systems in new buildings, powered by renewable energy sources.
    • Requirements: The storage must meet minimum volume and capacity criteria and be used for building heating or cooling.

Funding Details:

  • Investment Loans: Ranging from 35,000 EUR to 5,000,000 EUR.
  • Repayment Subsidies: Up to 20% of eligible costs.
  • Interest Rates: Aid-free interest rates may apply.

Non-Eligible Projects:

  • Projects with previous EEG funding.
  • Systems on agricultural land.
  • Self-built or used components.
  • Projects in flood-prone areas without proper authorization.

The program is designed to support investments in renewable energy and energy storage to promote sustainable development in Saxony.

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