Subsidies for guarantee premiums under the Guarantee Scheme for Renewable Energy

This call for proposals is published by Norad on the Ministry of Foreign Affairs and Norad Grants Portal (grants.mfa.no). It offers grants that subsidise, partly or in full, the guarantee premiums payable under "Norad's Guarantee Scheme for Renewable Energy Investments in Low- and Middle-Income Countries". The call states it "is a separate process to the guarantee scheme, but still aims to contribute to the objectives of the guarantee scheme by providing grants to those who seek subsidies for guarantee premiums."

Eligibility is narrow: the call "is open only to applicants with guarantee applications that have advanced to the negotiation stage under Norad's Guarantee Scheme for Renewable Energy Investments... and who can document the subsidy levels required to cover guarantee premiums. All other applications will be rejected." Within that constraint it is "open to any Norwegian or international applicants." The scheme has "the same sectoral and geographical coverage, and target group and eligibility criteria as the Guarantee Scheme for Renewable Energy."

The stated objectives are access to reliable, sustainable and clean energy at an affordable price; reduction in greenhouse gas emissions; and strengthened public management for the energy sector. No fixed grant amount is published: "The budget under this call is limited and not all relevant applications will be successful," and an applicant "can apply for either a proportion of the total guarantee premium / fees or a nominal amount." Assessment is discretionary.

The deadline is "Continuous" (rolling intake); the call opened 16 May 2025. All proposals are submitted through the Grants Portal. The responsible unit is "The Department for Climate, Nature, and the Private Sector," and questions go to guarantees@norad.no. The call page was last updated 13 May 2026.