Eligible investment projects are classified into two major categories:

Energy efficiency (EE) investments:

Projects that reduce energy consumption while maintaining or improving production capacity:

• Various types of efficient production machinery and equipment: CNC machines, conveyor production lines, presses, painting chambers, driers, furnaces, ovens, etc.
• Heating, ventilation, cooling, and light systems: efficient boilers and heaters, air conditioning systems, refrigerators and freezers, centralised ventilation systems, LED lighting, biomass boilers, etc.
• Improvements in the insulation and windows of buildings: new or additional external wall insulation, replacement of windows
• Transportation vehicles or agricultural equipment: tractor units, tractors, combines, drip irrigation systems, sprayers, etc.

Renewable energy (RE) investments:

Project that generate and/or consume energy resources that are inexhaustible or that can be restored quickly:

• Photovoltaic panels
• Solar panels to heat water for business applications
• Heat pumps and complete geothermal energy solutions for heating and cooling applications
• Energy production systems that use biomass and biogas
• Wind turbines

Energy services:

ESCOs provide the full range of services to energy users to design and implement Energy Efficiency Measures (EEM). EEMs are often considered the most cost-efficient way to promote sustainable energy, they focus on optimising the operation and performance of energy equipment and distribution systems. Such services are provided by the ESCO through an Energy Performance Contract (EPC) under which the payments from the energy user to the ESCO are contingent upon achieving the agreed performance level of the implemented EEM. Depending on the specific financing mechanisms, the ESCO is remunerated for its investments through a share in the realised energy cost savings for a predefined amount of time. Energy savings guarantees are a feature of every EPC contract.

Assessment of eligibility of green investments:

Depending on the size and complexity of your project, a simplified Energy Audit is required. This assessment will be carried out by the technical specialists from the R2E2 Fund; they will analyse your project according to the programme’s technical and eligibility criteria. The results of the analysis will available within two days.

Investments which do not require a simplified energy audit are registered in the positive list of standard green investment measures.

Positive list of standard green investment measures:

Classification	Eligible investment measure	Eligibility criteria
EE: Heating, ventilation and air conditioning	Gas boiler for heating	European EE class A (or higher)
	Condensing boiler for heating or hot water	Always eligible
	Installation of an air-to-air or water-to-air heat pump as a space heat resource	With COP ≥ 3.0
	Air conditioning split units	European EE class A+ (or higher)
	Air conditioning VRF system with multi-split	Always eligible
	Ventilation	Air handling units, with heat recovery ≥ 70%
EE: Lighting	Efficient lighting systems	LED or high pressure sodium lamps ≥ 80 lm/W
EE: Process heating	Steam boiler for industrial purposes	Steam boiler with economizer and thermal efficiency of at least 90%
EE: Process cooling	Commercial cooling appliances (chest freezers, vitrines, etc.)	With European EE class A (or higher)
	Cooling chambers (≥ 0°C)	With new cooling compressor and thermal insulation of chamber ≥ 8 cm
	Freezing chambers (< 0°C)	With new cooling compressor and thermal insulation of chamber ≥ 10 cm
EE: Building envelope improvements	Building insulation of walls and roofs	PUR ≥ 5 cm or XPS ≥ 8 cm or Mineral wool ≥ 8 cm or Cellulose ≥ 8 cm
	Windows and door installation	Three-layer glazing or two-layer glazing with ≥ one low-emission glass
EE: Food processing equipment	Industrial mixer	With ≥ 2 speeds or electronic controls
	Ovens for bakeries	Convection oven with electronic controls or rotary oven with electronic controls
EE: Transport	Heavy-duty vehicles (≥ 7.5t)	With diesel engine and ≥ EURO 5
	Construction vehicles (loaders, excavators, etc.)	Always eligible
	Light duty trucks (GVW ≤ 3,500 kg)	Combined fuel consumption ≤ 8 l/100km and ≥ EURO 5
	Electric cars	Always eligible
	Hybrid vehicles	Always eligible
	Elevators	European EE class A (or higher)
EE: Motors and pumps	Compressed air	Specific energy consumption ≤ 110 Wh/Nm3
	Electric Motors	IE ≥ 3
	Circulators	Energy efficiency index (EEI) ≤ 0.33
	Water pumps	Minimum efficiency index (MEI) ≥ 0.4
EE: Agriculture	Tractors	Always eligible
	Combine harvesters	Always eligible
	Greenhouse energy screens	Always eligible
EE: Other measures	Printing machines	Always eligible
EE: Working capital	Working capital	Positive list-based materials, equipment and machinery
RE: Solar energy	Photovoltaic systems	Always eligible
	Solar water heating systems	Always eligible
RE: Working capital	Working capital	Positive list-based materials, equipment and machinery
EF: Value chain	Charging stations for electrical vehicles	Always eligible