Factsheet: Support small business RE

Support small business RE

Key Information

Country/Region:

Full name of Instrument & Measure (English): 
Act of 30 June 2004 establishing a general support framework in favour of the small business sector
Full name of Instrument & Measure (native language): 
Loi du 30 juin 2004 portant création d'un cadre général des régimes d'aides en faveur du secteur des classes moyennes
Description: 
In order to support companies regarding environmental protection and the rational use of natural resources, the state of Luxembourg grants subsidies for companies investing in renewable energies for the production of electricity. The subsidies can be allocated in form of capital grants or of interest-rate subsidies (Art.8, Loi du 30 juin 2004). Grants may cover up to 40% of the eligible investment costs (Art. 4, Loi du 30 juin 2004). The grant may increase by 10 percentage points for small and medium-sized enterprises (Art. 4, Loi du 30 juin 2004). Moreover, the grant may increase by 10 percentage points if the installed renewable energy plant allows the self-sufficient supply to a community of beneficiaries (Art. 4, Loi du 30 juin 2004). The Grand-Ducal Regulation of 24 November 2005 specifies the application of article 4 of the law of 30 June 2004 regarding investments in renewable energies.
Goal/Aim: 
Support electricity from renewable sources in small businesses.
Responsible Authority: 
Ministère de l'économie – Ministry of the economy

Status:

Year Instrument & Measure Started: 
2004
Year Last Instrument & Measure was last Amended: 
2012