“€24.5 million is available for companies, €32.5 million for private social solidarity institutions, €19 million for local government buildings and €25 million for social housing buildings, totalling around €101 million of European funds to be put out to tender”, reads a note from the offices of the Secretaries of State for Regional Development, Maria do Céu Albuquerque, and of Energy, João Galamba.

The statement said that funding would be made available through the Portugal 2020 Regional Operational Programmes and distributed across five regions: Lisbon (€33 million), Central region (€26 million), North (€25 million), Alentejo (€13 million) and Algarve (€4 million).

The investments are part of the National Energy and Climate Plan, “which promotes the decarbonisation of the economy and the transition towards carbon neutrality by 2050.

The support announced by the Government is part of a total of €730 million from the European Regional Development Fund and the Cohesion Fund aimed, within the scope of Portugal 2020, at improving energy efficiency in mainland Portugal.

“In the case of companies, this support can be used to install new, more efficient technologies, to replace vehicle fleets with electric or natural gas vehicles or to install solar panels and other renewable energy sources. In public or private buildings, it can be used for the installation of thermal wall and roof insulation, for the installation of thermal glass windows or for lighting solutions that imply energy savings”.