Lithuania Offers Subsidies to Companies Looking to Abandon Fossil Fuel Use ​

2024/01/30
The Environmental Projects Management Agency of the Ministry of Environment of Lithuania (APVA) invites Lithuanian companies to submit applications for subsidies under the program «Reduction of Fossil Fuel Usage in Enterprises». A total of 10 million euros has been allocated for this purpose, with the maximum subsidy amount per applicant not exceeding 200,000 euros, as reported by APVA.

«This is an excellent opportunity for domestic enterprises to transition from fossil fuel usage to more environmentally friendly solutions-such as installing solar and wind power stations, heat pumps, and boilers using biofuels. Therefore, we invite all companies meeting the criteria to hurry and submit applications for a subsidy», – stated Agne Markuskiene, the head of the Green Transformation Department at APVA.

Who can apply?

Applications can be submitted by medium or large enterprises registered in the Registry of Legal Entities of Lithuania, which:

  • Do not engage in activities listed in the Annex I to the Law of the Republic of Lithuania on Climate Change Management;
  • Are not participating in the European Union emissions trading system;
  • Are not a heat supply company.
What can the subsidy be used for?

Applicants can submit requests for subsidies to finance expenses related to the acquisition and installation of technologies replacing fossil fuels with renewable energy sources by reducing greenhouse gas emissions.

Within the project, combined facilities for electricity and thermal energy production (e.g., solar power stations and heat pumps) must be implemented.

Who is ineligible for subsidies?
  • Companies that are not undergoing bankruptcy or liquidation processes and have no tax debts.
  • Those who have already received support or applied for subsidies from other sources.
  • Companies under European Union sanctions.
  • Companies with trade obligations to Russia or Belarus that have not ceased them by June 30, 2022.

Applications are accepted until September 19, 2024. All conditions for obtaining subsidies are outlined on the website APVA.

Scroll to Top