Investment Aid for Energy Efficiency Projects
Malta Enterprise Corporation in collaboration with the Energy and Water Agency shall be supporting undertakings in carrying out investments leading to improved energy-efficiency. The assistance is intended to facilitate investments in technological solutions that provide higher energy efficiency and contribute directly towards a reduction in the energy requirements of the beneficiaries.
The aid awarded through this measure shall be in the form of a cash grant or a tax credit (which can be utilised against tax payable by the beneficiary) or a combination of both. Approved projects must commence within six (6) months from the date they are approved and should be completed within thirty-six (36) months from approval date. A project shall be considered to have commenced when the firm enters into a contractual obligation that makes it difficult from an economic standpoint to abandon the project. The Corporation shall receive applications for support until 31st October, 2023.
Full details: https://www.maltaenterprise.com/support/energy-efficiency-projects
For further information one can contact the one stop shop on 20955555 or send an e-mail to info@bca.org.mt