Solar Power Plant Financing Programs and Preferential Loans for Businesses in 2026

Businesses and condominiums associations (OSMDs) can obtain a preferential loan for a solar power plant, an energy storage system, or an integrated backup power solution. Financing is available under the government program “Affordable Loans 5-7-9%”, as well as under EBRD and EU programs.

Preferential Loan for a Solar Power Plant for Businesses under the “5-7-9%” Program

Micro, small, and medium-sized businesses can obtain financing of up to UAH 250 million for a period of up to 10 years to purchase and install energy equipment:

1. Industrial solar power plant for a business.
2. Grid-tied inverter for a solar power plant.
3. Hybrid inverter for a solar power plant.
4. Batteries for a solar power plant and backup power supply.
5. BESS energy storage system for a business.
6. Autonomous and backup power supply system for businesses.
7. Equipment for on-site electricity generation and energy storage.

The program can finance either individual equipment or a comprehensive project, including a solar power plant, hybrid inverter, batteries or BESS, control system, protection, and switching equipment.

The interest rate, available financing amount, loan term, down payment, and collateral requirements depend on the business category, project parameters, and the decision of the partner bank.

Financing for Solar Power Plants and BESS under EBRD and EU Programs

Under the Energy Security Support Facility (ESSF), businesses and OSMDs can obtain financing through EBRD partner banks for the following solutions:

1. Solar power plant for a business or OSMD.
2. Hybrid solar power plant with batteries.
3. BESS energy storage system.
4. Renewable energy equipment.
5. Energy efficiency solutions for commercial and multi-apartment buildings.

For small and medium-sized businesses that meet the criteria of the relevant EBRD and EU programs, a grant compensation of 10% to 30% of eligible investment costs may be available. For OSMDs, compensation of 10% to 30% may be available after project completion and an official verification process.

Loan or grant approval is not automatic. The bank and program consultant assess the borrower, the technical parameters of the project, and whether the equipment meets the established requirements.

Solar Power Plant Supplier for Participation in Financing Programs

To obtain a loan for a solar power plant for a business, it is important to choose a supplier that can demonstrate its reliability, technically justify the proposed solution, and provide the bank with the required documentation.

The customer selects the supplier, while the bank reviews its documents, the proposed equipment, the project cost, and compliance with the program requirements. SMART GRID supports each project during the financing approval process, communicates with bank representatives, and promptly provides the necessary technical and commercial clarifications.

Documents Required to Obtain a Solar Power Plant Loan

Depending on the bank's requirements and the selected program, SMART GRID prepares and provides a complete set of documents for solar power plant financing: a commercial offer or invoice, equipment specifications, technical calculations and datasheets, certificates of conformity, warranty documents, a draft contract, cost estimate and implementation schedule, supplier documents, and, after completion of the works, delivery notes, completion certificates, and documents confirming commissioning of the equipment.

The list of documents is determined individually in accordance with the bank's requirements and the terms of the lending program.

For participation in EBRD programs, the availability of the equipment in the Green Technology Selector or the list of eligible technologies may also be checked. If the selected solution is not included in the catalog, a separate assessment by the program consultant may be required.

Advantages of SMART GRID as an Energy Equipment Supplier

• Comprehensive energy solution: solar power plants, inverters, batteries, BESS, and backup power systems.
• Technical calculation: equipment is selected based on the load, energy consumption, and required backup operating time.
• Bank communication support: we provide documents, specifications, and technical clarifications within the supplier's area of responsibility.
• Transparent project cost: equipment, materials, design, installation, and commissioning are calculated separately.
• Full project implementation cycle: site assessment, design, supply, installation, commissioning, and maintenance.
• Documentary confirmation of project implementation: we prepare documents required to verify the targeted use of loan funds and confirm project completion.
• Warranty and post-warranty service: we provide technical support after the equipment has been commissioned.

How to Calculate the Solar Power Plant Capacity for a Business, Factory, or Manufacturing Facility

The capacity of an industrial solar power plant should be selected not only according to the budget but, first and foremost, based on actual energy consumption, the operating schedule of the business, and the objectives of the future system.

Calculating the capacity of a solar power plant for a business includes the following stages:

1. Analysis of the electricity consumption profile. Engineers analyze hourly or 15-minute consumption data for the last 12 months, base and peak loads, seasonality, equipment operating schedules, and potential increases in energy consumption.
2. Solar power generation calculation. The calculation takes into account the installation region, solar radiation, panel orientation and tilt angle, shading, available area, technical losses, and seasonal fluctuations in power generation.
3. Determining the optimal solar power plant capacity. The system capacity is selected according to the project objectives: reducing electricity consumption from the grid, maximizing self-consumption of solar generation, backup power supply for the business, or exporting surplus electricity to the grid under the Net Billing mechanism for businesses.
4. Selecting an energy storage system. The required power in kW and energy capacity in kWh are determined separately. The calculation takes into account critical loads, starting currents, required backup operating time, permissible depth of discharge, system efficiency, and the required energy reserve. Depending on the facility's power requirements and objectives, batteries for solar power plants or a comprehensive BESS energy storage system may be used.
5. Selection of inverter equipment. A grid-tied inverter for a solar power plant can be used for systems without energy storage. If the project includes batteries and backup power supply, a hybrid inverter for a solar power plant with the appropriate capacity is selected.
6. Economic efficiency calculation. The analysis includes equipment and installation costs, electricity tariffs, the share of self-consumed solar generation, the possibility of storing or selling surplus electricity, projected savings, and the estimated payback period of the solar power plant.

SMART GRID provides preliminary solar power plant calculations for businesses. You provide electricity consumption data, and our engineers prepare a recommended system configuration, select inverters, batteries, or BESS, and determine projected generation, savings, and the estimated project payback period.