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Home - Finance - Denmark resumes subsidies for energy technology exports – SPE
Finance

Denmark resumes subsidies for energy technology exports – SPE

solarenergyBy solarenergyAugust 12, 2024No Comments2 Mins Read
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Danish authorities have reopened a subsidy pool to promote the export of Danish energy technologies, with a total amount of DKK 9.3 million ($1.36 million). Applications for the fund, which focuses on public-private partnerships, will be accepted until October 11.

August 12, 2024 Patrick Jowett

Image: Lorenzo Zunino, Unsplash

The Danish Energy Agency has opened the latest edition of its subsidy pool for the promotion of energy export efforts, with DKK 9.3 million in available funds.

The money is intended for public-private partnerships, which must consist of at least one public actor and one private player. The application guidelines state that public actors can be established both within Denmark and internationally.

Subsidies are available for activities such as data collection, market analysis, market maturation and knowledge dissemination. The project should focus on concrete business opportunities and models that can promote energy exports and support cooperation between countries.

The Danish Energy Agency said it is an advantage if a project takes place in the 24 countries where Danish authorities already cooperate with foreign authorities in the field of energy.

The subsidy window is open until October 11. Applications must be received through the agency grant portal.

Since the launch of the financing pool in 2019, commitments have been made for 26 projects focusing on energy efficiency, district heating, offshore wind energy and biogas in Africa, Asia, Europe and the Americas.

In the 2023 edition, DKK 8.5 million was committed to eight projects, including projects focused on district heating in the Netherlands and Poland, sector integration in Brazil and Germany, wind energy in India and Egypt, energy efficiency in the United States and carbon capture in Australia.

See also  ADB backs $350 million for three solar-plus-storage projects in Thailand – SPE

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