Can you imagine gaining access to billions without paying a single penny in interest for twenty years?
This is not a trick, not a marketing gimmick, but the key promise of the KEHOP Plus 4.2.5-25 call. Geothermal energy now has a historic opportunity: supported by interest-free funding, the energy from deep within the earth can truly reshape the future. Public consultation has already begun – and now is the moment to decide who will be among the first when the program launches.
Does the scheme really offer 0% interest?
Yes. According to the KEHOP Plus 4.2.5-25 call, no interest is charged for the entire term of the loan - up to 20 years. This means applicants can access funding while only having to repay the principal, which greatly eases investment planning. Importantly, projects can only be implemented outside of Budapest.
How much funding can be requested?
The total budget of the loan program is HUF 20.32 billion. The loan size depends on the type of investment:
- Deep geothermal projects: minimum HUF 1 billion, maximum HUF 6 billion.
- Shallow geothermal projects: minimum HUF 100 million, maximum HUF 1 billion.
This sends a clear message: the program is not for small-scale developments, but for substantial, large-volume geothermal projects.
Who can apply?
According to the draft call, the support is available to enterprises.
What can the loan be used for?
The purpose of the support is specifically to facilitate investments in the extraction and utilization of geothermal energy. This includes, for example:
- drilling geothermal wells
- constructing facilities for heat and electricity generation (heating plants, power plants)
- building heat pipelines
- installing shallow geothermal heat pump systems for existing buildings
What is the significance of the public consultation?
The call is currently under public consultation, meaning that professional and market stakeholders can still provide feedback. This phase is crucial, as practical experience and proposals can be incorporated into the final conditions. Anyone with specific needs or professional input has the chance to influence the outcome now.
Why is it worth acting in time?
The funding pool is limited, and applications are assessed on a first-come, first-served basis. Well-prepared, thoroughly documented projects will have an advantage, making swift action essential. Those who delay risk missing the opportunity.
What benefits does the scheme offer?
- Energy independence: reduced import dependence and predictable energy prices.
- Economic advantage: lower operating costs in the long term.
- Environmental impact: geothermal energy is one of the most sustainable energy sources, helping to achieve climate targets.
- Business gain: more stable operations, competitive edge, and new development opportunities for market players.
Summary
The KEHOP Plus 4.2.5-25 scheme offers a breakthrough opportunity both financially and professionally. With 0% interest, a 20-year term, and a multi-billion HUF budget, the program is available only to those who prepare in time and actively take part in the consultation.
The only question is: who will seize the opportunity first and who will miss out?
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