It's not that easy being green, but claiming R&D could make it a lot easier.
Are you one of the many business trying to save our planet through developing cleaner, more sustainable energy solutions? If you are then we can help fund your next big project with R&D Tax Credits.
Why is R&D important in the Renewable Energy industry?
The need for cleaner and more sustainable energy solutions is greater than ever. Companies in the UK’s renewable energy sector are constantly making massive strides in securing our transition into a greener, more eco friendly tomorrow. Research and development plays a massive roll in this as the only way to make better alternative energy solutions is through constant innovation. The UK government has set a number of targets regarding our carbon footprint to be met over the next 3 decades and this is only doable through the development of new technologies and the improvement of existing ones.
Companies overcoming these technological and scientific uncertainties can continue to do so with the help of R&D Tax Credits. By completing projects in this sector, a business is entitled to claim back between 19% and 33% of qualifying spend to allow them to continue works on this sort of project in the future. This is a massive boost that can enable a project to meet its full potential without running out of funding.
What qualifies for R&D in the Renewable Energy industry?
In the renewable energy sector, there are number of different activities that could be classified as research and development. Below are some examples of what could qualify, but there are plenty more beyond these:
- Creating new technologies that have an increased power output whilst keeping the same or reducing carbon footprint.
- Developing Energy from waste products.
- Improving existing technology to have a reduced carbon footprint or increased power output.
- Enhancing the yield of existing energy solutions.
- Offering alternative, greener solutions to existing builds and designs.

What qualifies for R&D in the Renewable Energy industry?
the renewable energy sector, there are number of different activities that could be classified as research and development. Below are some examples of what could qualify, but there are plenty more beyond these:
- Creating new technologies that have an increased power output whilst keeping the same or reducing carbon footprint.
- Developing Energy from waste products.
- Improving existing technology to have a reduced carbon footprint or increased power output.
- Enhancing the yield of existing energy solutions.
- Offering alternative, greener solutions to existing builds and designs.
