Loan (National Fund for Environmental Protection and Water Management - Stork)

Updated: 14.02.2017

Author: Michał Gulczyński

The National Fund for Environmental Protection and Water Management grants low interests loans to support the purchase and installation of RES installations (7.1 Priority Programme RES Stork). The duration of the scheme is 2015-2023 (4 Priority Programme RES Stork).

Eligible technologies

All RES are eligible. Maximum loan is PLN 40 million (€ 9.10 m.), not more than 85% of eligible costs.

Biogas

Eligible with a capacity between 40 kWe and 2 MWe (7.5 Priority Programme RES Stork)

Maximum cost of the installation: 

  • PLN 25 million (€ 5.69 m.) per MW for installations with a capacity between 40 kWe and 100 kWe
  • PLN 20 million (€ 4.55 m.) per MW for installations with a capacity between 100 kWe and 300 kWe
  • PLN 16 million (€ 3.64 m.) per MW for installations with a capacity between 300 kWe and 2 MWe (6.4.7 Priority Programme RES Stork).

Biomass

Eligible is high efficient cogeneration with a max. capacity between 40 kWe and 5 MWe (7.5 Priority Programme RES Stork).

Maximum cost of the installation:

  • PLN 7 million (€ 1.59 m.) per MW for installations with a capacity between 40 kWe and 500 kWe
  • PLN 15 million (€ 3.41 m.) per MW for installations with a capacity between 500 kWe und 5 MWe
  • PLN 20 million (€ 4.55 m.) per MW for installations with ORC (Organic Rankine Cycle) (6.4.8 Priority Programme RES Stork).

Eligible is a biomass heat source with a capacity between 300 kWt and 20 MWt.

Maximum cost of the installation:

  • PLN 1.6 million (€ 0.36 m.) per MW for installations with a capacity between 300 kWt and 1 MWt without systems for fuel preparation, conditioning of exhaust fumes and heat storage.
  • PLN 6 million (€ 1.37 m.) per MW for installations with a capacity between 300 kWt and 1 MWt with systems for fuel preparation, conditioning of exhaust fumes and heat storage.
  • PLN 12 million (€ 2.73 m.) per MW for installations with a capacity between 1 MWt and 20 MWt (6.4.5 Priority Programme RES Stork).

Geothermal energy

Eligible with a capacity between 5 MWt to 20 MWt (7.5 Priority Programme RES Stork).

Maximum cost of the installation:

  • PLN 3.5 million (€ 0.80 m.) per MW (6.4.3 Priority Programme RES Stork).

Aerothermal energy

Eligible with a capacity between 40 kWe and 3 MWe (7.5 Priority Programme RES Stork).

Maximum cost of the installation: PLN 6 million (€ 1.37 m.) per MW (6.4.1 Priority Programme RES Stork).

Hydrothermal energy

Eligible with a capacity between 30 kWt and 5 MWe (7.5 Priority Programme RES Stork)

Maximum cost of the installation: 

  • PLN 12 million (€ 2.73 m.) per MW for installations with a capacity up to 1 MWe
  • PLN 15 million (€ 3.41 m.) per MW for installations with a capacity over 1 MWe (6.4.4 Priority Programme RES Stork).

Solar thermal energy

Eligible with a capacity from 40 kWp to 1 MWp (7.5 Priority Programme RES Stork).

Maximum cost of the installation:

  • PLN 8 million (€ 1.82 m.) per MW for installations with a capacity between 40 kWp and 200 kWp
  • PLN 8.5 million (€ 1.93 m.) per MW for installations on buildings with a capacity between 200 kWp and 1 MWp
  • PLN 6 million (€1.37 m.) per MW for installations on ground with a capacity between 200 kWp and 1 MWp (6.4.2 Priority Programme RES Stork).

Eligible are large solar panels with a heat accumulator.

Maximum cost of the installation:

  • PLN 3.5 million (€ 0.80 m.) for large solar panels
  • PLN 0.3 million (€ 0.07 m.) for heat accumulator (6.4.6 Priority Programme RES Stork).

Amount

The overall budget of the programme is PLN 570 million (€ 130 m.) for the timeframe 2015-2023 (3 Priority Programme RES Stork). 
The loan shall cover max. 85% of investment’s eligible costs (7.2 Priority Programme RES Stork).
The loan amounts to PLN 40 million (€ 9.11 m.) (7.3.1 Priority Programme RES Stork).
Interest rate of the loan is: WIBOR (Warsaw Interbank Offered Rate) 3M – 100 base points but at least 2% (7.3.2 Priority Programme RES Stork).
The maximal duration of loan support is 15 years (7.3.4 Priority Programme RES Stork). 

Addressees

Eligible for the loan support are enterprises (7.4 Priority Programme RES Stork)

Procedure

Process flow

The investor submits an application for a loan to the National Fund for Environmental Protection and Water Management.

Competent authority

The National Fund for Environmental Protection and Water Management

Distribution of costs

Consumers

The costs of the subsidy scheme are borne by the final consumers of electricity.

Distribution mechanism

The means provided by the National Fund to promote renewable energy are made up of compensation and penalty fees paid by electricity producers and suppliers that have failed to meet their quota obligations. The costs of these fees are passed on to the end-users (art. 401 par. 7 no. 4 in conjunction with art. 401c par. 5 Environmental Protection Act).

Poland

Further information