{"id":1300,"date":"2023-02-20T14:18:56","date_gmt":"2023-02-20T12:18:56","guid":{"rendered":"https:\/\/elsol.bg\/?page_id=1300"},"modified":"2023-05-18T13:19:38","modified_gmt":"2023-05-18T11:19:38","slug":"financing","status":"publish","type":"page","link":"https:\/\/elsol.bg\/en\/financing\/","title":{"rendered":"Financing"},"content":{"rendered":"

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EU funding for photovoltaic systems<\/h1><\/div><\/div>
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Program for construction of new RES for own consumption for business<\/h2><\/div><\/div>[vc_column_text]The Ministry of Innovation and Growth launched a program to finance micro, small and medium-sized enterprises to install new systems for generating electricity from renewable sources. The measure is entirely aimed at renewable energy sources and consists of the construction of photovoltaic plants for own consumption up to 1 MW, with necessarily included batteries for storage of the produced capacities. The total budget allocated under this program is EUR 200 million Bulgarian leva.[\/vc_column_text][\/vc_column][\/vc_row][vc_row gap=”35″ equal_height=”yes”][vc_column offset=”vc_col-lg-6 vc_col-md-6″ css=”.vc_custom_1676904829934{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 15px !important;padding-right: 25px !important;padding-bottom: 15px !important;padding-left: 25px !important;background-color: #f9f9f9 !important;border-left-color: #f9f9f9 !important;border-left-style: solid !important;border-right-color: #f9f9f9 !important;border-right-style: solid !important;border-top-color: #f9f9f9 !important;border-top-style: solid !important;border-bottom-color: #f9f9f9 !important;border-bottom-style: solid !important;}”]
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Who can apply for the program?<\/h3><\/div><\/div>[vc_column_text]Eligible applicants will be all SMEs from all sectors that meet the following requirements:<\/strong>[\/vc_column_text]
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  • Industrial enterprises in sectors B, C, E, and F<\/li>\n
  • Companies from the Service area in sectors G, H, I, J, L, M, N, P, Q, R \u0438 S<\/li>\n
  • Companies registered no later than 31.12.2019<\/li>\n
  • Have generated net sales revenue for the 2021 financial year:
    \n1. for micro-enterprises over 80 thousand Lv.;
    \n2. for small businesses over 200 thousand Lv.;
    \n3. for medium-sized enterprises over 800 thousand Lv.;
    \n4. a small mid-caps or a mid-caps of more than EUR 3 million. leva<\/li>\n
  • The investment to serve the main economic activity of the applicant.<\/li>\n<\/ul>\n<\/div>[vc_column_text css=”.vc_custom_1684408397279{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;}”]<\/i> In order to apply, companies must have a preliminary conceptual project or a technical\/detailed design project prepared by a person with a relevant technical capacity and entered in the relevant register of the Chamber of Engineers in Investment Design[\/vc_column_text][\/vc_column][vc_column offset=”vc_col-lg-6 vc_col-md-6″ css=”.vc_custom_1676904895622{border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 15px !important;padding-right: 25px !important;padding-bottom: 15px !important;padding-left: 25px !important;background-color: #f9f9f9 !important;border-left-color: #f9f9f9 !important;border-left-style: solid !important;border-right-color: #f9f9f9 !important;border-right-style: solid !important;border-top-color: #f9f9f9 !important;border-top-style: solid !important;border-bottom-color: #f9f9f9 !important;border-bottom-style: solid !important;}”]
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    What is the grant rate?<\/h3><\/div><\/div>[vc_column_text]Depending on the category of the applicant company and whether its activity is inside or is outside the South-west region, the grant rate is from 35% to 50%.<\/p>\n

    For example<\/strong>: A medium-sized enterprise can receive up to 45% of the cost of the project if it is located in the South-West region of Bulgaria, and up to 50% if it is in another region of the country.[\/vc_column_text]

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    What is the amount of the grant?<\/h3><\/div><\/div>[vc_column_text]The minimum grant amount is 75 thousand Bulgarian leva<\/strong>. And the maximum size is related to the turnover of the applicant company and the category of the enterprise.<\/p>\n

    The maximum amount they can receive free of charge is up to 1m euros<\/strong>. But not more than: for micro, small, medium-sized enterprises, or small mid-caps and mid-caps, respectively 90%, 60% and 25%, 10% of the realized average annual net sales revenue for the three-year period 2019, 2020 and 2021.[\/vc_column_text][\/vc_column][\/vc_row][vc_row content_placement=”middle” css=”.vc_custom_1676905245775{margin-top: 35px !important;margin-bottom: 45px !important;padding-top: 25px !important;padding-right: 25px !important;padding-bottom: 10px !important;padding-left: 25px !important;background-color: #f9f9f9 !important;}”][vc_column css=”.vc_custom_1676905183815{padding-top: 0px !important;padding-bottom: 0px !important;}”]

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    How long can I apply?<\/h3><\/div><\/div>[vc_column_text]Companies that want to take advantage of the program to alleviate electricity costs by building a renewable energy solar installation can submit documents until 16:30 on May 15, 2023.[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=”yes” content_placement=”middle” css=”.vc_custom_1676903629951{margin-bottom: 60px !important;}”][vc_column css=”.vc_custom_1676903825786{padding-top: 30px !important;padding-bottom: 60px !important;padding-left: 30px !important;background-image: url(https:\/\/elsol.bg\/wp-content\/uploads\/2023\/02\/PV-system-banner-finance.jpg?id=525) !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}” offset=”vc_col-lg-4\/5 vc_col-md-4\/5″]
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    Contact us for assistance<\/h3><\/div>
    You have questions about the financing of your project, please contact the experts from Elsol.<\/div><\/div>[\/vc_column][vc_column css=”.vc_custom_1676904004042{padding-bottom: 20px !important;background-color: #ffd500 !important;}” offset=”vc_col-lg-1\/5 vc_col-md-1\/5″]