Apply for a KfW loan in conjunction with a repayment subsidy from the federal government for deep geothermal energy
Source: BUS Rheinland-PfalzThe "KfW Renewable Energies - Premium - Deep Geothermal Energy" program supports investments in deep geothermal energy systems and the associated drilling with low-interest loans from KfW in conjunction with repayment subsidies from the federal government under the Market Incentive Program (MAP).
With the Renewable Energies - Premium - Deep Geothermal Energy service, your energy project will be funded if you want to develop and use deep geothermal energy at a drilling depth of more than 400 meters, the thermal fluid is at least 20° C warm, your project is carried out in Germany and all other funding requirements are met.
There are three independent, cumulative funding modules:
- Repayment grant for the above-ground plant ("plant funding"),
- Repayment subsidy for drilling costs,
- additional cost subsidy.
Combination with other public subsidies is possible if the EU aid limits are complied with. A maximum of 80 percent of the eligible costs may be financed from public funds.
The following are excluded from funding
- Companies in difficulty (in certain cases),
- manufacturers of eligible systems and
- the federal government, the federal states and their institutions
There is no legal entitlement to the promotional loan and the repayment grant.