With funding now available for solar panels on farms in the new Targeted Agriculture Modernisation Scheme (TAMS 3) will help meet the desire in the farming community for renewable projects.
The first tranche of TAMS 3 opened in Feb 2023 with solar panels on farms being the first available investment
In order to encourage the purchase of solar investments reducing dependence on fossil energy by farmers, the solar scheme will be ringfenced with its own investment ceiling of €90,000 and will be grant-aided at the enhanced rate of 60%.
“At a time of rising energy costs, I have prioritised the introduction of the solar investments first which will be open from Wednesday,” Minister for Agriculture Charlie McConalogue said.
“In addition to the higher grant rates, I have also increased the size of the available investments from 12kW to 62kW.