Renewable energies
The future belongs to renewable energies. Electricity and heat from the ground, sun, wind and water are viable alternatives to fossil energy sources.
A first overview
Financing programmes
KfW Renewable Energies Programme - Standard
KfW Renewable Energies Programme - Premium
KfW Renewable Energies Programme - deep geothermal energy
Incentive for the use of solar energy, hydropower, wind energy, biomass and geothermal energy
Risk of non-discovery of deep geothermal energy
Financing for deep geothermal drilling in Germany
KfW Renewable Energies Programme - Standard
For whom?
- Private individuals and not-for-profit organisations which feed the generated electricity/heat into the network
- Self-employed professionals
- Domestic and foreign enterprises majority-owned by private individuals
- Enterprises in which local authorities, churches or charities hold an interest
- Investment funds
For what?
- Electricity from solar energy (photovoltaics) - including to private individuals
- Biomass, wind energy, hydropower, geothermal energy
- Electricity and heat from renewable energies, generated in combined heat and power stations
What promotional funds are available?
Up to 100% of the investment costs eligible for financing, not more than EUR 25 million
What is so special about this KfW loan?
- Long-term, low-interest loans
- Fixed interest period of 10 years
- Repayment-free start-up period
Loan application: with your bank
KfW Renewable Energies Programme - Premium
For whom?
- Private individuals and not-for-profit organisations which use the generated heat exclusively for their own needs
- Self-employed professionals
- Small and medium-sized enterprises (SMEs)
- Enterprises that are majority-owned by municipalities and that do not meet the SME threshold values for turnover and number of employees
- Large enterprises only if their solar thermal, deep geothermal, heat storage and heating network measures are particularly deserving of support
- Municipalities, municipally owned enterprises and municipal special-purpose associations
For what?
For large plants in which heat is generated from renewable energies
What promotional funds are available?
Up to 100% of the investment costs eligible for financing, not more than EUR 10 million
What is so special about this KfW loan?
- Long-term, low-interest loans
- Repayment-free start-up period
- Particularly favourable interest rates for small enterprises
- Attractive repayment bonuses
Loan application: with your bank
Municipalities, municipally owned enterprises and special-purpose associations file the application directly with KfW
KfW Renewable Energies Programme - deep geothermal energy
For whom?
- Private individuals and not-for-profit organisations which use the heat generated exclusively for their own needs
- Self-employed professionals
- Small and medium-sized enterprises (SMEs)
- Enterprises that are majority-owned by municipalities and that do not meet the SME threshold values for turnover and number of employees
- Large enterprises only if measures are particularly deserving of support
- Municipalities, municipally owned enterprises and municipal special-purpose associations
For what?
Financing facilities for the development and utilisation of hydrothermal and petrothermal deep geothermal energy with more than 400 m drilling depth.
What promotional loans are available?
Up to 80% of the eligible net investment costs, maximum of EUR 10 million
What is special about this KfW loan?
- Long-term, low-interest loans
- Repayment-free start-up period
- Particularly favourable interest rate for small enterprises
- Attractive repayment bonuses
Loan application: at your bank
Municipalities, municipally owned enterprises and special-purpose associations file the application directly with KfW
Risk of non-discovery of deep geothermal energy
For whom?
- Small and medium-sized enterprises that meet the EU Commission criteria for small and medium-sized enterprises (SMEs)
- Enterprises incorporated under private law which are majority-owned by local municipalities and which meet the SME criteria of the EU Commission
- Large enterprises and enterprises that do not meet the SME criteria of the EU Commission may also be financed if their investment measure is particularly deserving of support
- Municipalities, local and municipal authorities, municipal special-purpose associations, non-profit investors
For what?
For the risk of non-discovery of deep geothermal energy projects in Germany
What promotional funds are available?
Up to 80% of the drilling costs but not more than EUR 16 million per drilling project
What is so special about this KfW loan?
- Up to 100 % liability exemption in case of non-discovery
- Loan term: 10 years
- Repayment-free start-up period of one to two years
Loan application: with your bank
KfW Programme Offshore Wind Energy
For whom?
For project companies regardless of the company background
For what?
For the establishment of wind farms off the German North and Baltic Sea coasts
What promotional funds are available?
Up to 70 percent of the total debt capital required, not more than EUR 700 million per project
Project financing in the form of a:
- A – direct loan in the framework of bank consortia; private commercial banks must participate at the same conditions as KfW and together provide the same amount as KfW or more
- B – financing package composed of a loan on-lent through a banks and a direct loan from KfW or
- C – direct loan in the framework of bank consortia to finance unforeseen additional costs (cost overrun facility)
What is so special about this KfW loan?
- Financing of large loan volumes
- 10-year term
- Interest fixed for 10 years
Loan application: through the consortium leader directly with KfW (no specific form required)
