Funding is being offered to projects in Scotland aimed at boosting the infrastructure for charging plug-in low emission vehicles.
Access to up to £60 million is being offered through the Low Carbon Infrastructure Transition Programme (LCITP) which is co-funded by the Scottish Government and the European Regional Development Fund (ERDF).
According to the Scottish Government, which announced the finance stream today (22 January) the funds will back large scale projects which support the aims of Scotland’s Energy Strategy.
Organisations seeking to advance ultra-low emission vehicle charging infrastructure will be able to apply for up to £100,000 to develop investment-ready business cases or financial support of up to 50% of the total capital value of a project up to a maximum of £10 million per project.
Other initiatives such as low carbon heating solutions and integrated energy systems will also be backed through the scheme.
The Climate Change Secretary, Roseanna Cunningham, will officially launch the fund at an event at Scotland House in London today, which will be attended by business leaders, climate experts and environmental campaigners.
Speaking ahead of this evening’s event, Ms Cunningham said: “We have, first and foremost, a moral obligation to fight climate change.
“But for a nation with Scotland’s resources and skills, the transition to a more prosperous, low carbon and circular economy also presents a valuable economic opportunity.
“We are determined to attract, retain and develop the low carbon innovators who will shape our future.
“That is why, I am delighted to confirm that we are now accepting applications from innovative local energy projects to the Low Carbon Infrastructure Transition Programme.”
Transport Minister Humza Yousaf added: “The Scottish Government is committed to the introduction of a cleaner, greener transport network and ultra-low emission vehicle infrastructure is central to that.
“I am pleased we are making such a significant sum available to encourage innovative local solutions to some of our most challenging national issues.
“I would encourage any interested business or organisation to apply for support under the scheme, and explore how we can work together to realise the environmental and economic potential of low carbon infrastructure solutions.”
Low Carbon Infrastructure Transition Programme