The EU allows investments from private investors to fund green tech. According to a survey, private entities are able to participate in the renewable energy financing mechanism. The European Commission opened a seven-point questionnaire that aims at providing indicative feedback on potential investors. The EU renewable energy financing mechanism is in the implementation phase.
Private investment are a cornerstone of the successful rollout of the European Green Deal. Private investors will have an equal opportunity to contribute to the mechanism. Their financial contributions count to the EU binding target of at least 32 % of renewable energy. There will be a link to projects with financial support from private investmors to the EU-wide green label. An additional incentive are possible guarantees of origins for the energy production corresponding to the private investment contribution. Guarantees of origin “could be issued for the renewable energy production in accordance with Article 19 of the directive and subject to the national legislation in the country hosting the project.” Private investors benefit from broadening their sustainability and decarbonisation portfolio and from diversifying their investment agenda.
All private entities, natural or legal persons, can express their participation interest. They can further indicate a preference for the tender procedure for which its payment is intended, or a type of technology that they wish to support.
“Replying to this questionnaire does not create any legal or financial rights or obligations either for the respondent or for the European Commission.”
Information according to (link).