TAMS to cover Solar Panel Installation up to €90,000
The government has recently launched a new grant program aimed at supporting the deployment of solar photovoltaic (PV) technology on Irish farms. The program, known as TAMS III, is designed to help Irish farmers to install solar PV panels on their land, reducing their dependence on grid electricity and cutting their carbon footprint.
TAMS Grant rate increased from 40% to 60%.
TAMS III is a grant program funded by the Irish Department of Agriculture, Food and the Marine (DAFM) and is administered by the Irish Farmers’ Association (IFA). The program provides funding for the installation of solar PV panels on farms at a 60% grant rate, with a €90,000 investment ceiling that is separate from other schemes.
The aim of TAMS III is to encourage farmers to adopt renewable energy technologies and reduce their dependence on grid electricity. This will not only benefit the environment, but it will also help farmers to reduce their energy bills and improve their energy efficiency.
The TAMS III program is an excellent opportunity for Irish farmers to reduce their carbon footprint and energy costs while also benefiting from a significant financial incentive. The program is expected to be very popular, and farmers are encouraged to apply as soon as possible to avoid disappointment. The installation must also be carried out by a registered and approved solar PV installer.
Solar PV panels also qualify for the ACA scheme as energy efficient equipment allowing companies write down the cost of such equipment in the year of purchase.
In conclusion, the TAMS III agricultural solar PV grant program is an exciting development for Irish farmers, providing a significant financial incentive to adopt renewable energy technologies and reduce their carbon footprint. The program is expected to be very popular, and farmers are encouraged to apply as soon as possible to take advantage of this opportunity.
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