Climate and Energy Fund announces ISK 160 million in grants for energy improvements in greenhouses.

Grants will be awarded in accordance with the fund’s regulation no. 1566/2024.

Application deadline: June 6, 2025.

Eligibility and priorities:

Grants are available to greenhouse farmers. Priority will be given to projects that align with the fund’s objectives and meet the following criteria:

• Projects that deliver the highest energy savings per grant amount.

• Projects that improve the economic efficiency of greenhouse operations.

• Solutions that enhance technology use and the sector’s competitiveness.

• Projects that can serve as models for others in the industry.

• Consideration of whether the project has previously received support from the Climate and Energy Fund.

Grant structure and funding details:

Maximum grant coverage is 40% of total project costs (excluding VSK), with a cap of ISK 15 million per producer.

Payments will be divided into two parts:

• Progress payment: 70% of the grant will be paid based on submitted documentation showing project progress.

• Final payment: 30% will be paid once the project is completed, and a final report is submitted and approved by the fund.

The following documents must be included with the application:

• Information about the applicant(s), as well as any additional participants or project partners.

• Name, ID number (kennitala), and phone number of the person responsible for communication with the fund.

• A description of the project and how it aligns with the goals and priorities of the grant, including Article 30 of Regulation No. 1566/2024 on the Climate and Energy Fund.

• A timeline and project plan.

• A detailed project budget and information about project financing.