Renewable Energy Financing Mechanism - Technology Specific
Pays lump-sum grants toward building new ground-mounted solar PV plants, with or without battery storage, sited in specific districts of Bulgaria or in Finland, from a EUR 54.9 million pool.
A project counts as standalone if it connects to the grid, or to its off-taker if off-grid, through a single connection point. Successful applicants receive a lump-sum grant tied to the project's renewable electricity output, and must report their annual renewable energy production back to the Commission so it can be credited toward the host Member State's statistics. Applications go through the s…
The EU's Renewable Energy Financing Mechanism (RENEWFM) wants project developers to build new standalone renewable electricity capacity — specifically ground-mounted solar PV projects co-located with battery energy storage in Bulgaria's Pernik, Kyustendil or Stara Zagora districts, or ground-mounted solar PV projects anywhere in Finland except Åland. The mechanism exists to help those Member States close their gap to the EU's binding 2030 renewable-energy trajectory.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility
Sign up free to see how to apply
Sign up free to see what you submit
Sign up free to see the timeline
Sign up free to see where teams trip up
Guides for this application
All guides →Grant Work Plan Template: Work Packages, Gantt, Milestones, and Risks
Use this grant work plan template to structure work packages, tasks, owners, deliverables, Gantt timing, dependencies, and risk registers.
Find grantsGovernment Grants for Startups: What Deeptech Founders Should Know
A practical guide to government grants for startups, including Grants.gov, SBIR/STTR, state programs, eligibility, fit, timelines, and when to apply.
BudgetGrant Budget Template for R&D Applications
Use this grant budget template to structure R&D costs, personnel, subcontractors, equipment, indirect costs, and budget justification for startup grant applications.
More from European Commission
All grants from this funder →Coordination for Cross-Sector Nuclear Technologies
🇪🇺European Commission · European Union
Funds coordination of European nuclear research platforms across energy, medicine, space, maritime uses and radiation protection.
Euratom Radiation Protection Partnership (PIANOFORTE)
🇪🇺European Commission · European Union
Funds PIANOFORTE’s 2026-27 continuation, an EU radiation-safety research partnership — only for its current members and any partner who joins them.
European Stable Isotopes for Nuclear Medicine
🇪🇺European Commission · European Union
Funds industrial production of stable isotopes needed for radionuclide therapies and a more resilient European medical supply chain.
Horizon Batteries: EV Recycling Pilot with India
🇪🇺European Commission · European Union
Funds a €9.4M lithium-ion battery recycling pilot line in India, matched to a separately funded Indian project on the same schedule.
Horizon Batteries: Sustainable Electrode Materials
🇪🇺European Commission · European Union
Funds four €7.1M projects that make battery electrode materials cleaner to produce — via greener refining or plant-based sourcing instead of mined graphite.
Horizon Buildings: Whole Life Carbon Data Platforms
🇪🇺European Commission · European Union
Funds three €5.25M projects that plug embodied and operational carbon data into building certificates, passports and BIM tools.
Similar grants
Browse the directory →
EIC Accelerator Challenge: Advanced Materials for Renewable Energy and Energy Storage Systems
🇪🇺EIC · European Union
Supports scaling advanced materials for EU strategic autonomy in energy generation and storage.
EIC Pathfinder Challenge: Advanced Materials for Miniaturised Energy Harvesting Systems
🇪🇺EIC · European Union
Supports developing advanced materials for miniaturised energy harvesters to power IoT and sensor networks autonomously.
EIC Accelerator Challenge: Alternative Concepts and Key Enabling Technologies for Fusion Power Plants
🇪🇺EIC · European Union
Supports European startups developing enabling technologies for alternative fusion power plant concepts.
Connecting Europe Facility — Transport & Energy
🇪🇺CINEA · European Union
Offers research teams and institutions for Connecting Europe Facility Transport & Energy in transport and mobility, energy systems, and climate technology.
IPCEI INT (Innovative Nuclear Technologies) Funding Call
🇫🇮Business Finland · Finland
Funds Finnish companies participating in the EU's IPCEI initiative on innovative nuclear reactor, fuel, and materials technology.
LIFE — Clean Energy Transition Coordination & Support Actions (CET)
🇪🇺CINEA · European Union
Runs research teams and institutions for LIFE Clean Energy Transition Coordination & Support Actions in energy systems, climate technology, and built environment.