Poland has opened a PLN 7 billion (USD 1.9 billion) funding round to support its energy transition, with a focus on renewable energy and energy storage development, the Ministry of Climate and Environment said on Friday.
The financing scheme, launched in cooperation with development bank Bank Gospodarstwa Krajowego (BGK), invites private and public entities to apply for low-interest loans from the Recovery and Resilience Fund (KPO). The loans can cover up to 90% of net investment costs, with disbursement available until 2029 and final settlements permitted through 2031. The minimum loan amount per project is set at PLN 200 million.
“The aim of the facility is to accelerate the country’s energy transformation, engaging huge financial resources,” said Climate Minister Paulina Hennig-Kloska. “Low-interest loans will help finance investments that will lower energy prices, reduce emissions, increase the share of renewable energy sources and improve energy efficiency.”
The initiative forms part of the broader PLN 70 billion Energy Support Fund created in September 2024, which also draws on resources from the EU’s Modernisation Fund and the FEnIKS programme. So far, about PLN 40 billion from the fund has been allocated for power grid development.
The ministry stated that the new call for proposals will support a range of infrastructure investments, including renewable energy plants, energy storage systems, and upgrades to heating and gas networks.
