Market Leads & Opportunities
Community and renewable energy funding open for applications
The Scottish Government has launched a call for applications to its Community And Renewable Energy Scheme (CARES) with up to £5 million available.Administered and managed by Local Energy Scotland, CARES was established by the Scottish Government to encourage local and community ownership of renewable energy across Scotland.The CARES loan fund has been operating since 2011 and is a flagship scheme which aims to provide loans towards the high-risk, pre-planning consent stages of renewable energy projects which have significant community engagement and benefit.Funding is available across three different grants and loans, with the first of the quarterly funding windows now open.Scotland aims to meet a target of 1GW of locally generated energy by 2020.
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