8.2.2023
EN
Official Journal of the European Union
L 38/71
Appendix I Renewable energies sectors The following renewable energies sectors shall be eligible for the financial terms and conditions set out in this Sector Understanding provided that their impacts are addressed in accordance with the 2012 Recommendation of the Council on Common Approaches on Officially Supported Export Credits and Environmental and Social Due Diligence (1) (as subsequently amended by Members of the OECD Working Group on Export Credits and Credit Guarantee (ECG) and adopted by the OECD Council): a) Wind energy (2).
b) Geothermal energy.
c) Tidal and tidal stream power.
d) Wave power.
e) Osmotic power.
f) Solar photovoltaic power.
g) Solar thermal energy.
h) Ocean thermal energy.
i) Bio-energy: all sustainable landfill gas, sewage treatment plant gas, biogas energy or fuel derived from biomass energy installations.
“Biomass” shall mean the biodegradable fraction of products, waste and residues from agriculture (including vegetal and animal substances), forestry and related industries, as well as the biodegradable fraction of industrial and municipal waste.
j) Hydro power.
k) Energy efficiency in Renewable Energies projects.
(1) It is understood that the 2012 Recommendation applies equally to projects that are not eligible for these financial terms and conditions.
(2) The maximum repayment term for jack-up rigs used in the installation of wind turbines shall be 12 years.