WQ87389 (e) Tabled on 06/02/2023

What schemes are available for businesses to obtain grants for solar power?

Answered by Minister for Economy | Answered on 14/02/2023

Businesses seeking grant support  can utilise the Business Wales website business finance zone which offers specialised guidance and information to help people identify appropriate finance as well as a finance locator https://businesswales.gov.wales/businessfinance/.

Business Wales Resource Efficiency Advisors are available to support businesses to adopt or improve environmental strategies, and work with businesses towards creating a resource efficient and resilient business. Advisors provide a range of advice such as using fewer raw materials to reduce the risk of material scarcity, driving innovation and resilience, and helping businesses reach new markets

The Development Bank of Wales will shortly be launching a new ‘invest to save’ offer, which will help businesses reduce their carbon emissions and save money on their energy bills. The offer will enable businesses to borrow money at attractive interest rates and on flexible repayment terms, enabling them to invest in measures to reduce not only their carbon footprint but also their energy bills.