Solar panels in UK field

Clean energy grants & innovation funding opportunities

As part of the UK’s clean energy sector, you are securing our transition to a greener future. Big strides have been made and a more sustainable world is being created as we work towards achieving a net-zero UK economy by 2050. But challenges persist.

The manufacturing and deployment of clean energy technologies require a large up-front investment. That’s not new, but with global political upheaval and supply-chain uncertainty driving up raw materials costs, uncertainty lies ahead. You can overcome these challenges when your research and development is fully rewarded by innovation incentives such as grants, R&D tax relief, Patent Box and capital allowances.

If you’re looking for an innovation incentives specialist that will propel your growth and unlock opportunity, ForrestBrown can help.

Clean energy: a priority growth sector

The government intends to make the UK a clean energy superpower, creating growth, as well as energy and climate security.

Innovation incentives will support the clean energy growth journey. From grants and R&D tax credits, to Patent Box relief and capital allowances, funding options exist to propel your clean energy business on the next phase of its journey.

Opportunities for innovation

There’s a wealth of innovation taking place in clean energy, creating opportunities for forward-thinking businesses to unlock aligned incentives.

We have provided support to businesses involved in various clean energy sources, including hydro, solar, and offshore wind. Additionally, we have supported incentive relief for companies operating across the entire project lifecycle: from research into radically innovative future clean energy solutions to tackling manufacturing and installation challenges that support clean energy in the present. Examples of clean energy sector innovation include:

How ForrestBrown can help

As the UK’s leading R&D tax adviser and innovation incentives specialist, we bring a wealth of expertise to your project to help you unlock opportunity. Whether you’re a scaling SME or large multinational, ForrestBrown will help you make strategic funding decisions with confidence and clarity.

Clean energy grants

Grants can form a major part of a business’ innovation funding strategy and real opportunities exist for those in the clean energy sector. Within the Industrial Strategy’s clean energy sector, there are clear examples of relevant competitions, such as the Future Offshore Wind Technologies: Industrial Research competition (exploring advanced turbine, structural or electrical system technologies for offshore wind) and the Great British Energy Supply Chain Fund (supporting capital expenditure projects to improve the UK manufacturing capacity of key constrained offshore wind and electricity network components, including mooring and anchoring, blades, and nacelles).

There are also competitions relevant to businesses in the clean energy sector targeting operational emissions reduction, advancing materials innovations for net zero energy solutions, and development of battery storage technologies. These include: Zero Emission Vessels and Infrastructure and Clean Maritime Demonstration Competition 7; the National Materials Innovation Programme (coming soon); and the Battery Innovation Programme, aimed at developing a domestic battery supply chain to support the net zero transition.

With grant windows often short, it pays to scan the horizon for relevant opportunities and be bid-ready. Our experienced grant advisory team, led by Karim Budabuss, can ensure that you never miss an aligned commercial opportunity and that your application is ready to go as soon the submission window opens.

Stay up to date with relevant grant opportunities by signing up to our regular newsletter, GrantScan.

R&D tax relief for clean energy

The government’s flagship R&D tax credit scheme is available to clean energy businesses, with qualifying R&D found in an array of projects. Our multi-disciplinary team of tax experts, lawyers and technical experts will provide end-to-end management of your R&D claim. This includes eligibility assessment, submission and liaison with HMRC. We can also help you to establish and review your in-house R&D claim capabilities, ensuring that your claim is better set up for the future.

ForrestBrown’s technical excellence is complemented by secure systems and technology to process your claim. This gives you the peace of mind that your claims will be prepared rigorously, efficiently and securely.

Patent Box

New products or processes are often patented to protect the value of the IP. If you have a patent in clean energy, have you considered claiming Patent Box relief? This valuable relief on patented products or processes, reduces the Corporation Tax (CT) rate on qualifying IP income to 10%.

Our experienced Patent Box team can support you with your claim and dispel any misconceptions you may have on eligibility and process.

Location strategy

Scaling up manufacturing for clean energy products may trigger a location search. But where in the UK is the optimum location for your business?

Many local and regional authorities offer incentives to support designated industries. Scotland, for example, is a trailblazer for offshore wind and tidal energy, while Teeside is a hub for carbon capture usage and storage.

Our location strategy experts can help you identify the one that’s right for your business based on factors such as the availability of talent, connectivity and location incentives. We handle the entire process, from defining the project and evaluating locations, to visiting shortlisted locations and making recommendations.

Capital allowances

As with any sector, scaling up manufacturing capacity often requires investment in new plant and equipment. This may qualify for capital allowances relief, so always review your eligibility as it can bring significant cash flow benefits.

Our capital allowances team, led by Peter Reynolds, has considerable experience working on asset taxation issues, as well as in the construction industry. That perfect combination of industry experience and technical authority enables ForrestBrown to deliver practical, actionable advice to support your business.

Examples of clean energy firms advised by ForrestBrown

Solar infrastructure manufacturer

This company designs and manufactures advanced structural systems for solar PV and battery energy storage projects. Through mechanical engineering R&D, it has developed innovative mounting and access solutions that streamline installation, improve on-site safety and address the practical challenges of working in utility scale clean energy environments.

R&D benefit: £130k | Patent Box: £20k

Marine eco-engineering company

This company designs and engineers bespoke marine structures that integrate ecological enhancement into offshore renewable energy projects. Through multidisciplinary R&D spanning marine engineering and environmental science, it has developed innovative systems that mitigate the environmental impact of offshore wind infrastructure while supporting habitat restoration.

R&D benefit: £100k

Tidal energy technology company

This company designs and engineers next generation subsea tidal turbines for large scale renewable energy deployment. Through multidisciplinary R&D spanning marine engineering, mechanical design and control systems, it has developed innovative solutions to optimise power capture and reliability in variable tidal conditions.

R&D benefit: £200k | Innovate UK Innovation Loan: £2m

Ready to discuss your clean energy funding strategy?

With over a decade’s experience partnering with forward-thinking businesses to unlock innovation incentives and reliefs, ForrestBrown has the skills needed to support your future funding strategy.

By providing market-leading, holistic advice, we ensure that your business can claim with confidence, knowing that all value has been captured and risk managed.

If you would like to discuss how to maximise your innovation funding strategy in clean energy, get in touch.