Service Finder
Apply for a KfW loan in conjunction with a repayment subsidy from the federal government for deep geothermal energy
Service Description
The "KfW Renewable Energies - Premium - Deep Geothermal Energy" program supports investments in deep geothermal energy systems and the associated drilling with low-interest loans from KfW in conjunction with repayment subsidies from the federal government under the Market Incentive Program (MAP).
With the Renewable Energies - Premium - Deep Geothermal Energy service, your energy project will be funded if you want to develop and use deep geothermal energy at a drilling depth of more than 400 meters, the thermal fluid is at least 20° C warm, your project is carried out in Germany and all other funding requirements are met.
There are three independent, cumulative funding modules:
- Repayment grant for the above-ground plant ("plant funding"),
- Repayment subsidy for drilling costs,
- additional cost subsidy.
Combination with other public subsidies is possible if the EU aid limits are complied with. A maximum of 80 percent of the eligible costs may be financed from public funds.
The following are excluded from funding
- Companies in difficulty (in certain cases),
- manufacturers of eligible systems and
- the federal government, the federal states and their institutions
There is no legal entitlement to the promotional loan and the repayment grant.
Process flow
KfW does not grant loans directly (with the exception of local authorities), but via your chosen financing partner.
- Apply for the loan with your financing partner.
- Your financing partner will then apply for the funding on your behalf
- KfW now checks your documents and decides on the funding.
- You conclude the loan agreement and your project can begin.
- Once the work has been completed, you submit a confirmation so that the repayment subsidy can be credited to you.
Who should I contact?
for companies: Your financing partner (e.g. house bank)
Requirements
In particular, you are a company or a municipality.
Which documents are required?
What are the fees?
No fees are charged for the application.
What deadlines do I have to pay attention to?
The application must be submitted before the start of the project. The start of the project is deemed to be the conclusion of a supply or service contract attributable to the execution of the project. Planning services may be provided before the application is submitted; necessary reservations of equipment, capital goods or services are permitted. The KfW regulations also apply.
Processing duration
The processing time cannot be determined in advance. It depends on the required approvals, e.g. in accordance with the Federal Mining Act (BBergG), the provisions of the Federal Water Act (WHG) or the state water laws and building planning or building regulations.
Legal basis
Directive on the promotion of installations for the use of renewable energies in the heating market (entered into force on 1.1.20)
Appeal
- Online procedure possible: no
- Written form required: yes
- Personal appearance required: no
Further Information
Author
The text was automatically translated based on the German content.
- KfW promotional loan for renewable energy - deep geothermal energy (Premium) - No. 272/282 Granting
Remark: Display of performance in the source portal
Technically approved by
Federal Ministry for Economic Affairs and Energy
Professionally released on
17.08.2018
Source: Zuständigkeitsfinder Thüringen (Linie6PLus)
Competent Authority
KfW Bankengruppe
Address
60325 Frankfurt am Main
Opening times
Monday to Friday: 8:00-18.00