Financial support for small biomass plants

2023-10-18T11:45:00
Portugal

The Environment Fund has issued a notice regarding the allocation of support to small biomass plants

Financial support for small biomass plants
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October 18, 2023

Key aspects

  • Notice 19669/2023, published in the Official Gazette of the Portuguese Republic 199/2023, Series II of October 13, 2023, aims to support the creation of solutions for the use of biomass residues in municipalities with a high wildland fire risk.
  • The project aims to stimulate the local economy by creating qualified jobs to operate the installed equipment and, where appropriate, by producing pellets or processing biomass in other ways for use by local people.
  • The Environment Fund has allocated a maximum amount of €2,000,000 to Notice 19669/2023, and the maximum amount per beneficiary is €500,000.
  • The deadline for submitting applications for this incentive is 5:59 p.m. on November 30, 2023.
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October 18, 2023