Renewable Energy Investment Fund
The Renewable Energy Investment Fund (REIF) provides financial assistance for projects that will:
• Deliver energy from a renewable source, reduce the cost of renewable energy or provide key solutions for renewable energy generation
• Provide benefit to the economy of Scotland
• Have a demonstrable funding gap for REIF to consider
• Be at a sufficient stage of development to require REIF funding before March 2017
In the marine sector, priority will be given to projects which involve:
• Deployment and operation of arrays, as a step towards commercialisation
Geographical coverage:
National
Budget:
Priority will be given to projects which require investment levels above £400,000 (the upper limit of the existing District Heating Loan Scheme)
Sector of Activity:
Ocean renewable energy
Research & innovation