Community And Renewable Energy Scheme

Scottish Government Community And Renewable Energy Scheme (CARES)

The CARES loan fund was announced by the Scottish Government on 15th February 2011. It is a new scheme which aims to provide loans towards the high risk, pre-planning consent stages of renewable energy projects which have significant community engagement and benefit. The scheme is managed on behalf of Scottish Ministers by


To support the development of locally-owned renewable energy projects which provide wider community benefits.

Loan finance will be available to cover the pre-planning consent (high risk) stage of project development, a high risk cost which is widely seen as a barrier to community groups and smaller businesses who would otherwise wish to develop a project.

Preference will be given to proposals that demonstrate the highest value of wider community benefit.

Key Features

  • Any renewable energy project, up to 5 MW, requiring financial outlay prior to planning consent is, in principle, eligible
  • Loans of up to £150,000
  • Cover up to 90% of agreed costs
  • Security not required
  • Fixed interest rate at 10%
  • Local advice and support available
  • Competitive process
  • Finance provided in stages according to agreed drawdown schedule

Expressions of Interest Received

A list of the Expressions of Interest forms received for the loan fund is available.