The aim is to help businesses with the purchasing and installing energy-efficient equipment that will help reduce energy consumption and carbon emissions.
The five-year programme is now open for applications and will offer grants of up to £150,000 for investment in areas such as lighting, heating and cooling equipment, motors and drives, compressed air systems, and on-site renewable energy generation.
Launching the Energy Efficiency Capital Grant, Department for the Economy Permanent Secretary Ian Snowden said:
“The grant will help companies invest in technologies that reduce energy consumption and carbon emissions.
This will lower costs for businesses and also progress Minister Murphy’s decarbonisation journey towards net zero as set out in his Economic Vision.”
Northern Ireland’s Energy Strategy targets a 25% reduction in energy consumption from buildings and industry in the region by 2030.
Kieran Donoghue, CEO, Invest Northern Ireland, said, “The grant is available to a wide range of businesses in sectors from retail to advanced manufacturing to hospitality.”
For more information:
www.investni.com/support-for-business/energy-efficiency-capital-grant