The Low Carbon Infrastructure Transition Programme (LCITP) aims to stimulate commercial interest and investment to maximise Scotland’s low-carbon potential. Funding from the scheme will financially support up to £20 million per project in cases where this represents no more than 50 per cent of the project total capital value.
Scottish cabinet secretary for economy Keith Brown said: “The Scottish government is committed to growing Scotland’s low carbon economy, creating jobs and delivering on climate change ambitions. All communities across Scotland can benefit from these opportunities.
“The estimated market value of sales in Scotland’s low carbon and renewable sector in 2013/14 was £5.6 billion, with around 8,000 businesses employing 21,500 people.
“This fund is another example of the benefits of Scotland remaining in the EU and the single market as The Low Carbon Infrastructure Transition Programme (LCITP) is supported by the 2014 – 2020 European Regional Development Fund (ERDF).”
The programme is inviting innovative projects that incorporate one or more low-carbon technologies and have the ability to demonstrate tangible economic, social and low-carbon benefits. Successful projects will present commercially viable technologies and encourage wider uptake and replication in communities across Scotland.
LCITP are also welcoming applications from small scale aggregated projects that can demonstrate a transformational impact on the way that Scotland generates and uses energy.
A version of this story first appeared on edie.net