Description
The Realisation Fund provides flexible loans to energy cooperatives that have completed the development phase and are ready to begin the construction of renewable energy projects such as solar panels, wind turbines, and other systems. Managed by Energie Samen and Stimuleringsfonds Volkshuisvesting (SVn), the fund aims to bridge the financing gap during the construction stage. It supports projects that benefit from the Cooperative Energy Generation Subsidy Scheme (SCE), Stimulation of Sustainable Energy Production and Climate Transition (SDE++), and the Groenregeling. Initially capitalized at €15 million, the fund plans to grow to €60 million in the coming years, with the goal of financing over 1,000 renewable energy projects led by citizen initiatives.
level of support
Regional
type of funding
Loans
Funding amount
Between €30,000 and €1,000,000 (Depending on project need, typically up to 75% of project development costs)
Eligibility criteria
The Development Fund extends loans to energy cooperatives officially registered with the Chamber of Commerce. Eligible projects must be in the provinces of Drenthe, Limburg, Utrecht, Zuid-Holland, or the Achterhoek. Energy cooperatives must have completed project development (feasibility studies, permits) and secured other necessary approvals. The project must be ready for construction.
Application Process and Timeline
Local initiatives can apply for the Realisation Loan via Energie Samen. This umbrella organization of energy cooperatives advises the new cooperative about the financing application and its feasibility. SVn, the actual manager of the Realisation Fund assesses the application and grants the loan.
Evidence Of Success
While specific examples of completed projects funded by the Realisation Fund were not found, the fund's structure and objectives are designed to facilitate the development of numerous renewable energy initiatives by local cooperatives.
Expert Opinion
The Realisation Fund is a critical resource for energy cooperatives ready to move beyond planning and into construction. By providing large-scale loans at this crucial phase, it reduces the financial risks of renewable energy projects and helps ensure timely execution. It's ideal for cooperatives that have successfully cleared regulatory and planning hurdles and need funding to complete construction.
