Salix set to deliver new Welsh Government decarbonisation fund Digarbon
Friday 26 April 2024
Salix set to deliver new Welsh Government Digarbon, a new £20m loan scheme to help tertiary sector meet net zero goals
The Welsh tertiary education sector is set to tap into a £20 million funding pot from Government.
The Welsh Government announced the new fund, called Digarbon, on 25 April. It will open for applications in summer 2024 to support decarbonisation projects in the Welsh tertiary education sector.
Delivered by Salix it will set the sector on the path to net zero.
Salix Chief Executive Emma Clancy said: “We are delighted to work with the Welsh Government on this new fund.
“It means Welsh universities and further education colleges can take significant steps in their net zero journey ensuring their buildings are future proofed.
The Welsh Government has set out plans for a carbon net zero public sector in Wales by 2030, and at Salix we’re privileged to be part of that journey.
Digarbon, which means decarbonise, is loan funding for which an interest rate of 2.05% will be applied.
Further information and supporting documentation including Guidance Notes and the application form will be published in spring 2024. Salix will also be running webinars on 21 May and 23 May and these events will provide an opportunity to ask questions about the fund.
Under the fund, a range of technologies will be eligible including the installation of low carbon heating systems and retrofit energy efficiency measures. A ‘whole building’ approach will be encouraged, aimed at reducing the overall energy demand of a building. Renewable energy, electric vehicles and EV charging infrastructure will also be eligible for funding in combination with heat decarbonisation measures.
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