Author: Rolands Lūsis

March 7, 2024

In a significant move towards promoting energy efficiency and sustainability, ALTUM has announced its latest initiative aimed at supporting companies in their transition towards renewable energy sources. With a focus on solar power solutions, the company’s new program offers compelling incentives for businesses looking to invest in clean energy alternatives. We, “Sunwise”, have studied the program regulations and will assist you in preparing all the necessary documentation to receive ALTUM support and capital discount.

Here are the key highlights of ALTUM’s groundbreaking initiative:

1. Coverage of 30% of Total Project Costs: One of the most attractive features of ALTUM’s program is its generous coverage of project costs. The company is committed to covering up to 30% of the total expenses associated with implementing solar power solutions, significantly reducing the financial burden on businesses. This coverage not only eases the initial investment but also plays a crucial role in decreasing the payback period of this sustainable investment.
2. Up to 95% Loan of Project Costs with Attractive Interest Rates: ALTUM understands the importance of accessible financing options for companies embarking on sustainability projects. Through its program, businesses can avail loans covering up to 95% of the project costs. What’s more, these loans come with competitive interest rates starting from as low as 1.9% fixed, ensuring affordability and long-term financial sustainability for the borrowers.
3. Flexible Payback Time of up to 15 Years: Recognizing the diverse needs and circumstances of its clients, ALTUM offers a flexible payback period of up to 15 years. This extended timeframe allows businesses to spread out the repayment of the loan, making it easier to manage their cash flow while enjoying the benefits of solar energy savings.
4. Minimal Client Contribution of Only 5% of Project Costs: In a demonstration of its commitment to facilitating the transition towards renewable energy, ALTUM requires only a minimal contribution from its clients. With just 5% of the project costs needing to be covered by the business, companies can take advantage of the program’s benefits with minimal upfront investment.
5. Application Deadlines: It’s essential for interested parties to note that applications for ALTUM’s program are accepted from April 2nd, 2024, at 12:00 PM until April 30th, at 12:00 PM. This window provides ample time for businesses to prepare and submit their proposals for solar power projects.

Why Solar Power Solutions?

While ALTUM’s program supports various energy efficiency initiatives, the focus on solar power solutions holds particular relevance for businesses seeking sustainable alternatives. Solar energy offers numerous advantages, including:

• Cost Savings: By harnessing the power of the sun, businesses can significantly reduce their electricity bills, leading to substantial long-term cost savings.
• Environmental Benefits: Solar power is a clean and renewable energy source that produces no harmful emissions, helping businesses reduce their carbon footprint and contribute to environmental conservation efforts.
• Energy Independence: Investing in solar energy allows businesses to generate their electricity onsite, reducing reliance on traditional energy sources and providing greater control over energy costs and supply.

As the demand for renewable energy continues to rise, businesses that embrace solar power solutions not only stand to benefit financially but also demonstrate their commitment to environmental stewardship and sustainability.

Conclusion

With its latest initiative, ALTUM is empowering companies to take meaningful steps towards energy efficiency and sustainability through the adoption of solar power solutions. By providing generous financing options, flexible terms, and minimal upfront investment requirements, the company is facilitating the transition to clean energy alternatives and paving the way for a greener and more sustainable future. Businesses looking to reduce their environmental impact while enhancing their bottom line can now seize the opportunity to embrace solar energy with confidence, thanks to ALTUM’s innovative program.

Do not miss out on this opportunity and contact us to receive all the necessary support – info@sunwise.lv or call +371 28803374.

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Energoefektivitātes aizdevums ar kapitāla atlaidi