Heat Pump Investment Accelerator Competition - Round 2
Department for Energy Security and Net Zero
What it funds
The Competition will award non-repayable grant funding for eligible capital costs (‘Grant Funds’) associated with the construction of a new heat pump (or related components) factory or the extension, expansion, retooling, refurbishing, or reworking of an existing facility. It must involve the manufacture of heat pumps and/or heat pump components, such as heat exchangers, compressors, evaporators, control systems or thermal storage that can be paired with a heat pump. As an accelerator scheme, pr
Who can apply
The essential eligibility criteria are:· The project must be in the UK.· The project must be for the construction of a new manufacturing factory, or the expansion, retooling, refurbishing, or reworking of an existing building.· The project must involve the manufacture of heat pump units and/or heat pump components. There are no restrictions to the list of eligible components, which could include heat exchangers, compressors, evaporators, control systems, or thermal storage. In the case of hybrid boiler/heat pump factories, only the production of the heat pump units and heat pump components are eligible for support.· The project must have a realistic chance of commencing manufacturing activities by no later than March 2030.A project can request Grant Funding where, for example, the project is for building a new factory on the same site as an existing factory, which is also proposed to be converted to heat pump manufacturing.
How to apply
The scheme guidance, application forms and templates required to complete and application is available here. It also includes information on how to raise clarification questions about the competition and how to submit an application.
Last checked against the official source: 3 Jul 2026. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
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