Grid Modernization grants — page 4
215 listings tracked right now · page 4 of 5
Funding for transmission, distribution, smart-grid and interconnection upgrades that let more clean power onto the system. The active cheques come from the US DOE Grid Deployment Office, the EU Connecting Europe Facility, UK Ofgem and network-operator innovation funds, and the multilateral development banks. Listed below are the open grid modernization grant calls in that landscape, taken from each funder's own notice and re-checked on every refresh.
Energy grants divide into two families that rarely share a form. Deployment pots such as the EU Innovation Fund, the US Department of Energy and the UK Net Zero Innovation Portfolio back kit that already works, usually at 30 to 50 per cent intervention rates against matched private capital. Earlier research calls, Horizon Europe and ARPA-E and Innovate UK among them, fund lower technology readiness at far smaller cheques. Applying to the wrong family is the most common reason a strong project scores badly.
This page lists open grid modernization grants currently tracked by Raise Lens — 215 of them right now, sorted with the soonest deadline first. Every listing has been classified against the sustainability taxonomy rather than matched on keywords, so what appears here is grid modernization work rather than anything whose description happens to mention it.
The funders publishing grid modernization grants here include Aligned Climate Capital, ASI Valuetech Seed Fund, Vækstfonden, among 2 others. Who is funding matters as much as what: eligibility, reporting burden and the realistic timeline to a decision vary far more between funders than between individual calls.
Geographic coverage on this page spans GLOBAL, EUROPE, SUBSAHARAN-AFRICA, MENA, GCC. Eligibility is usually tied to where the work happens or where the applying organisation is registered, and the two are not always the same — worth checking before investing time in an application.
Infrastructure-focused investment programme targeting the clean energy transition
••••• organisation
Infrastructure-focused investment programme targeting clean energy transition projects. Eligible applicants and specific sectors/stages are not disclosed on the listing page.
A Central European deep-tech seed fund
••••• Fund
Early-stage venture capital fund investing in pre-seed and seed stage deep technology startups in Energy and Industrial Manufacturing, with focus on Industry 4.0, renewables, clean-tech, energy storage, smart grid, IoT, and predictive analytics. Primarily targets Polish and Central Eastern European entrepreneurs.
Grøn omstilling (Green Transition)
••••• organisation
The funder's Grøn omstilling programme provides strategic financing—including guarantees and equity—to scale renewable energy infrastructure and clean technology solutions. It targets companies and projects advancing Denmark's green transition at commercial scale.
Growth Equity Fund for Global Energy Transition
••••• organisation
Growth equity fund investing in high-growth, asset-light technologies that accelerate the global energy transition toward net-zero decarbonization. Targets companies at scaling inflection points in energy efficiency, renewable energy, and related clean-tech sectors.
Guarantees – Credit Enhancement for Project Finance
••••• Bank
EIB offers credit guarantees to enhance the financial viability of project finance structures, enabling mobilization of private capital for infrastructure and climate projects. This is a financial instrument for project developers and sponsors seeking to de-risk debt financing for large-scale infrastructure and clean energy initiatives.
US Infrastructure Investment Fund
••••• organisation
The funder Infrastructure Funds provides value-added equity investment in operating and development-stage energy infrastructure assets, including renewable energy, energy storage, power transmission, and data center projects aligned with electrification and energy transition mega-trends. The fund targets institutional and corporate infrastructure operators and developers with proven track records in large-scale energy asset management and deployment.
Early-Stage Climate Tech Investment Program
••••• Fund
The funder invests in software-first, asset-light technology companies solving critical infrastructure bottlenecks in energy, computing, and industrial sectors. The fund targets post-MVP companies with early paying customers raising $2M–$5M, with a focus on AI infrastructure, energy systems, and industrial/physical AI applications.
A European Energy-Tech Venture Fund
••••• organisation
Seed and pre-seed stage equity investments in European energy-tech and mobility startups focused on digitalization and electrification across the energy value chain (renewables, grids, storage, hydrogen, e-mobility). Targets early-stage companies addressing decentralized renewables, smart grids, green hydrogen, and electric mobility.
a US venture capital fund
••••• organisation
The funder invests equity capital in AI-powered digital technology companies solving energy, infrastructure, and climate challenges across renewable energy, grid modernization, transportation, and environmental protection. The fund targets venture and early-growth stage companies.
NextGrid Alliance
••••• organisation
NextGrid Alliance is a strategic initiative that brings together entrepreneurs and utilities to accelerate energy innovation through business development, case studies, and pilot deployments. It funds startups and innovators working on grid-related technologies and solutions in partnership with utility companies.
A US Energy Utility's Corporate Venture Capital Programme
••••• organisation
The funder invests corporate venture capital in growth-stage companies developing technologies for energy system modernization, including AI, cybersecurity, grid infrastructure, and clean energy solutions. The programme targets companies solving current energy challenges and building tomorrow's energy systems.
a European energytech venture fund
••••• organisation
The funder is a European venture fund investing in early-growth to scale-stage energytech companies that digitalize, automate, and decentralize the energy system. The fund targets distributed energy, digital utilities, AI-enabled technologies, industrial energy management, built environment, and mobility sectors.
Energy-Sector Accelerator Fall Program
••••• organisation
A 10-week part-time accelerator program supporting up to 10 energy-sector startups with mentoring, workshops, corporate partnerships, and potential investment up to €1 million. Designed for early-stage companies in renewable energy, energy storage, smart grids, and decarbonization.
a global energy-sector accelerator programme
••••• organisation
A 10-week part-time accelerator program for energy-sector startups seeking international growth, offering training in business development, product commercialization, financing, and marketing alongside mentoring and networking. Participants gain access to workshops, investor connections, and potential investment opportunities.
A Global Climate Tech Investment Fund
••••• organisation
The funder invests in Pre-Seed to Series B companies building foundational infrastructure for energy efficiency, AI-driven systems, and critical mineral supply chains. The fund targets category-defining teams with fast paths to commercialization and revenue in the next industrial era.
Promotion of the Establishment and Operation of Energy Agencies
••••• organisation
This German state funding programme supports the establishment and operation of energy agencies to advance energy transition and decarbonization goals. Eligible applicants can receive support for setting up and running organizations that promote renewable energy, energy efficiency, and related energy policy implementation.
Corporate Power Purchase Agreements
••••• organisation
This is a call for evidence and stakeholder input to inform policy improvements to the GB Corporate Power Purchase Agreement (PPA) market, which facilitates long-term renewable energy contracts between corporations and generators. The call seeks views from market participants, energy companies, corporates, and other stakeholders on barriers, opportunities, and regulatory improvements.
Green Mini Grid Funding Window
••••• organisation
This grant provides financing to companies deploying green mini grids in Sub-Saharan Africa to expand energy access in underserved regions. It targets commercial entities operating distributed renewable energy systems as part of the funder's dual funding window strategy.
A Venture Capital Fund Focused on Climate and Energy Technology
••••• organisation
The funder invests venture capital and early-growth equity in AI-powered digital technology companies solving energy, infrastructure, and climate challenges. The fund targets startups addressing sustainable energy, grid modernization, transportation, manufacturing decarbonization, climate adaptation, and environmental management.
Early-Stage Energy Storage and Electrification Fund
••••• Fund
This fund invests in early-stage companies deploying battery and electrification solutions, including second-life EV batteries, smart charging, and grid-edge energy technology. It targets founders building hardware, software, and services in the battery, EV, and clean-energy space.
Energy Transition
••••• organisation
The funder funds projects advancing a just energy transition by decarbonizing today's energy systems and building tomorrow's clean energy infrastructure. The grant supports renewable energy deployment, energy system modernization, and equitable transition initiatives.
Clean Energy Platform Investment Fund
••••• organisation
The funder invests in early-stage entrepreneurs and developers building clean energy and energy transition platforms using a Capital + Culture + Capabilities model. The fund targets companies scaling solutions toward a carbon-free economy.
Energy & Utilities
••••• organisation
The funder invests in energy infrastructure and utilities companies advancing decarbonization and energy security across Abu Dhabi and the wider region. The fund targets established and growth-stage companies operating across the energy value chain.
European Clean Tech Early-Stage Investment Programme
••••• organisation
Early-stage equity investment programme for clean energy startups with proof of concept or prototype, covering hardware, software, and business model innovations across renewable energy, energy storage, grid modernization, and industrial decarbonization. Primarily targets European companies with secondary activity in USA and Japan.
A Climate-Focused Venture Fund
••••• organisation
MCJ Collective Venture Fund backs early-stage founders building climate and clean energy solutions across electrification, nuclear, grid infrastructure, and AI-enabled industrial tech. The fund targets companies rewriting industries to accelerate the clean energy transition.
Global venture capital fund (€235M)
••••• organisation
A €235M global venture capital fund investing in Series A and beyond companies developing digital and asset-light energy technologies, including AI-powered grid software, energy storage, electrification, and cybersecurity solutions. Targets scalable, software-defined energy businesses with proven product-market fit that accelerate the global energy transition.
Infrastructure & Energy
••••• organisation
DEG provides flexible long-term financing and market expertise for infrastructure and renewable energy projects in developing and emerging markets. The fund targets both renewable energy deployment and broader infrastructure development with a focus on sustainable, long-term project finance.
Infrastructure and Climate
••••• organisation
BII provides investment capital for infrastructure and clean energy projects that advance climate resilience and decarbonization across Africa and Asia. The fund targets both mitigation (renewable energy, grid modernization) and adaptation (climate-resilient infrastructure) in emerging markets.
European Investment Deployment
••••• organisation
The funder's European Investment team deploys principal capital, M&A, and structured finance into energy transition and infrastructure projects across Europe. This is a callable investment opportunity for companies and projects in renewable energy, grid modernization, and related infrastructure sectors seeking growth or acquisition capital.
BNZ II
••••• organisation
GA BNZ II is a growth equity investment fund focused on scaling proven energy transition technologies critical to decarbonization globally. The fund targets established companies and technologies ready for significant capital deployment and market expansion.
A US Energy Transition Growth Equity Fund
••••• organisation
Growth equity fund investing in high-growth, asset-light technologies that enable or accelerate the global energy transition and net-zero decarbonization. Targets companies at key inflection points scaling critical energy transition technologies focused on reducing and avoiding greenhouse gas emissions.
European AI and Software Venture Fund
••••• organisation
The funder Fund is a specialist venture capital fund investing in applied AI solutions that make energy systems, industrial operations, and critical infrastructure smarter and more resilient across Europe. It targets early-stage companies (Seed through Series A) developing climate-tech and energy-transition technologies.
A Japanese climate-tech investment fund
••••• Fund
The funder II is a $50M climate tech investment fund targeting US and European startups developing decarbonized energy technologies including battery storage, smart grid systems, offshore wind, and demand response solutions with potential to scale in Japan. The fund is backed by major Japanese energy and financial institutions and seeks to accelerate portfolio companies toward commercialization and market entry.
Expanding Electricity Grid Capacity in Norway
••••• organisation
The funder supports projects that expand electricity grid capacity and reduce congestion in Norway's power network, enabling greater renewable energy integration and grid modernization. The grant targets organizations working on grid infrastructure solutions to accommodate increased electricity demand and distributed energy resources.
The Big Challenge
••••• organisation
Den Store Utfordringen (The Big Challenge) is a Norwegian energy and climate-focused grant programme administered by the funder that funds projects advancing energy transition and climate action. The grant targets organizations working on renewable energy, energy efficiency, and climate mitigation in Norway.
Heilo Havvind
••••• organisation
Heilo Havvind is a Norwegian government initiative supporting offshore wind energy development across the full value chain, from research through pilot and full-scale deployment of fixed-bottom and floating installations. The programme funds technology development, cost reduction, environmental impact research, and scaling of solutions to help Norway meet its 30 GW offshore wind target by 2040.
Norwegian Participation in International Energy Agency Projects
••••• organisation
This grant supports Norwegian participation in International Energy Agency (IEA) collaborative research and development projects, focusing on energy and climate solutions. It is intended for Norwegian organizations, research institutions, and companies engaged in international energy technology cooperation.
a New Zealand venture-capital seed fund
••••• organisation
The funder Seed Fund backs seed-stage founding teams developing market-ready technologies in energy, grid, mobility, and buildings to accelerate the energy transition. The fund targets companies scaling solutions across renewable energy systems, grid modernization, electric mobility, and sustainable buildings.
Electric Vehicle Infrastructure
••••• organisation
The funder' SKYCHARGER programme invests in EV charging infrastructure, vehicle-to-grid technology, fleet electrification, and related clean-transportation solutions to build accessible, low-carbon communities. The fund targets companies and projects developing Level 2/DC fast charging, solar canopies, and LCFS compliance solutions.
Solar Project Finance, Development and Ownership
••••• organisation
The funder, through Davis Hill Development, invests in commercial solar projects and microgrid solutions across the Eastern US and Caribbean. This is a project finance and ownership opportunity for developers and companies with established solar and microgrid assets in regulated markets.
Energy Storage Fund
••••• organisation
The funder invests in early to growth-stage battery and energy storage technology companies, including integration hardware and software for EVs and grid applications. The fund conducts deep technical diligence in partnership with Argonne National Laboratory and global research institutions.
a Sustainable Economy Fund
••••• organisation
The funder's Sustainable Economy Fund invests in companies operating at the intersection of infrastructure, technology, and sustainability, with a focus on clean energy, EV infrastructure, and battery storage. The fund targets growth-stage and mature companies in the energy transition and sustainable infrastructure sectors.
Green Energy Transition Fund
••••• organisation
GETF is an investment fund providing capital for green energy transition projects focused on energy efficiency and decarbonisation. It targets commercial and scalable clean energy opportunities globally.
Sustainable Infrastructure Investment Fund
••••• organisation
Seed to Series B equity investment fund backing founders building infrastructure technology companies focused on energy transition, AI compute, and national security-driven infrastructure across Europe and North America. Targets category-defining companies in urban, energy, and industrial infrastructure with explicit thesis on decarbonization and energy transition.
Infrastructure Acceleration Fund
••••• organisation
A later-stage equity and quasi-equity investment fund managed by the funder that finances infrastructure development projects across Africa, including energy, transport, and ICT sectors. The fund targets strategic partnerships to accelerate continental infrastructure deployment.
Project Development Fund
••••• organisation
The funder provides early-stage project development support and funding to create investment-ready infrastructure projects across Africa, targeting the infrastructure funding gap. The fund supports projects in renewable energy, ICT, and transport sectors.
Midwest Climate & Energy
••••• Foundation
The funder funds bold climate action and greenhouse gas emissions reduction across the Midwest through support for equitable clean energy transition projects. Eligible applicants working on climate mitigation and renewable energy deployment in the region can apply for grants.
Flexible Energy Systems Program
••••• organisation
The funder's €180M program (2024–2030) funds Finnish companies and research organisations developing innovative solutions to increase energy system flexibility across electricity, heating/cooling, and fuels sectors. It supports research-to-market pathways for integrating renewable power, decarbonising heating systems, and enabling clean fuel integration.