RENEWFM: new call under the EU Renewable Energy Financing Mechanism to support solar PV projects in Bulgaria and Finland

The Commission has launched today a new call for proposals under the EU Renewable Energy Financing Mechanism (RENEWFM) to support renewable energy deployment through cross-border cooperation between EU Member States.

Based on Member States' expressions of interest and binding commitments, the call has a total budget of €54.9 million. It will provide investment support for ground-mounted solar photovoltaic (PV) projects located in designated host Member States.

Cross-border cooperation on renewable energy

Under this call:

• Luxembourg participates as a contributing country
• Bulgaria and Finland act as host countries where the supported projects will be implemented

This framework enables Member States to cooperate in financing renewable energy projects, helping to collectively achieve EU climate and energy targets while optimising costs and deployment potential across the Union.

Investment support for solar PV

By supporting ground-mounted solar PV projects in Bulgaria and Finland, this call accelerates renewable energy deployment, reinforces European solidarity and contributes to the cost-effective delivery of national and EU climate and energy objectives.

The support is provided in the form of investment grants, awarded through a competitive tender procedure.

Interested projects can apply until 1 September 2026.

Info day

CINEA will organise a virtual info day on 17 April to present the call conditions, including specific conditions for each hosting countries, the award and ranking criteria, and the rules for grant disbursements.

Participants will have the opportunity to raise questions during a dedicated Q&A session.

Register here

More information

Check the call for proposals in the EU Funding & Tenders Portal, where you can also find the RENEWFM Q&As.