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Reminder: TAMS tranche 7 closing date approaching
Reminder: TAMS tranche 7 closing date approaching

Agriland

time28-05-2025

  • Business
  • Agriland

Reminder: TAMS tranche 7 closing date approaching

Farmers are being reminded that the closing date for the current round of the Targeted Agricultural Modernisation Schemes (TAMS 3) is fast approaching. The Department of Agriculture, Food and the Marine (DAFM) previously confirmed that the deadline for applications under tranche 7 of the scheme will be Friday, June 6. TAMS, which is divided across a range of different measures, provides grants to farmers to build or improve a specified range of farm buildings and equipment on their farm. TAMS According to the latest data published by the department, 4,621 (79%) out of the 5,823 applications submitted under this tranche have now been approved. A further 853 applications are classified as 'in progress', 278 have been rejected and 71 withdrawn. The following table provides the latest update on tranche 5 applications for the 10 schemes contained in TAMS 3: TAMS 3 scheme Applications Rejected Withdrawn In progress Approved Animal Welfare Nutrient Storage Scheme 1,409 61 26 162 1,160 Dairy Equipment Scheme 115 8 1 20 86 Farm Safety Capital Investment Scheme 2,112 120 17 239 1,736 Low Emission Slurry Spreading 516 2 5 3 506 Organic Capital Investment Scheme 359 13 3 50 293 Pig & Poultry Investment Scheme 32 2 1 8 21 Solar Capital Investment Scheme 513 23 4 259 227 Tillage Capital Investment Scheme 203 11 5 11 176 Women Farmer Capital Investment Scheme 225 20 1 43 161 Young Farmer Capital Investment Scheme 339 18 8 58 255 Total 5,823 278 71 853 4,621 TAMS 3 tranche 5 applications. Source: DAFM The data also shows that 162 applications made under tranche 4 are still being processed by the department. 5,253 out of 5,864 applications made under that tranche have been approved. There are 23 applications still outstanding in tranche 3. The department stated that 3,399 of the 3,799 tranche 3 applications have been approved. No update has yet been provided by DAFM on the status of the 4,931 applications submitted under tranche 6.

DAFM: Almost €11m issued in scheme payments this week
DAFM: Almost €11m issued in scheme payments this week

Agriland

time24-05-2025

  • Business
  • Agriland

DAFM: Almost €11m issued in scheme payments this week

The Department of Agriculture, Food and the Marine (DAFM) issued almost €11 million in various scheme payments to farmers this week. The latest data, published by the department, shows that €5.87 million was paid out to farmers under the Suckler Carbon Efficiency Programme (SCEP) 2024. This brings the total paid out to 15,985 farmers in the scheme to €53.67 million. DAFM The department also issued over €2 million to farmers this week under the Targeted Agricultural Modernisation Schemes (TAMS). €2.1 million was paid to farmers in TAMS 3, while an additional €155,000 was paid out for TAMS 2 claims. Around €66.8 million has now been paid out under TAMS 3 across 7,627 claims. There has been 28,548 TAMS 3 applications approved with over 9,530 payment claims submitted. There was a further €1.9 million paid to farmers in the Agri-Climate Rural Environment Scheme (ACRES). These payments bring the amount paid to farmers for ACRES to almost €491.8 million since the agri-environmental scheme commenced in January 2023. Department of Agriculture, Food and the Marine The latest update also shows that a further €532,000 was paid for the 2024 Basic Income Support for Sustainability (BISS) and Complimentary Redistributive Income Support for Sustainability (CRISS). This brings the total paid out to 119,476 farmers under these measures to €845.7 million. This figure includes the Complementary Income Support for Young Farmers (CISYF) at €38.2 million and the National Reserve (€3.2 million). An additional €114,000 was issued this week by the department to farmers under the 2024 Eco Scheme. €51,750 was paid out for the Areas of Natural Constraint (ANC) and Areas of Specific Constraint (ASC). The department issued over €62,800 to farmers participating in the Organic Farming Scheme (OFS), bringing the total payout to €57.1 million to 4,750 farmers. Some €53,600 was also paid out under the Straw Incorporation Measure (SIM) and €39,000 for the Baling Assistance Payment (BAP).

DAFM issued over €37.5m in scheme payments last week
DAFM issued over €37.5m in scheme payments last week

Agriland

time19-05-2025

  • Business
  • Agriland

DAFM issued over €37.5m in scheme payments last week

The Department of Agriculture, Food and the Marine (DAFM) paid out over €37.5 million in scheme payments to farmers last week. The vast majority of the payments, over €34 million, were made under the Agri-Climate Rural Environment Scheme (ACRES). This figure includes balancing payments in respect of participation in ACRES in 2024 worth €33.2 million paid to 42,444 participants. These payments bring the amount paid to farmers for ACRES to almost €490 million since the agri-environmental scheme commenced in January 2023. DAFM The data, published by the department, also shows that €1.8 million was paid out last week under the Targeted Agricultural Modernisation Schemes (TAMS). €1.7 million was paid to farmers in TAMS 3, while an additional €85,000 was paid out for TAMS 2. Around €64.6 million has now been paid out under TAMS 3 across 7,386 claims. There has been 28,316 TAMS 3 applications approved with over 9,366 payment claims submitted. The latest update also shows that a further €490,000 was paid last week for the 2024 Basic Income Support for Sustainability (BISS) and Complimentary Redistributive Income Support for Sustainability (CRISS). This brings the total paid out to 119,436 farmers under these measures to €845 million. This figure includes the Complementary Income Support for Young Farmers (CISYF) at €38 million and the National Reserve (€3.2 million). An additional €550,000 was issued by the department to farmers under the 2024 Eco Scheme. €80,000 was paid out for the Areas of Natural Constraint (ANC) and Areas of Specific Constraint (ASC). The department issued over €250,000 to farmers participating in the Organic Farming Scheme (OFS), bringing the total payout to €57 million to 4,742 farmers. DAFM also issued €139,000 under the Straw Incorporation Measure (SIM), €86,000 for the Baling Assistance Payment (BAP), €4,000 under the Red Clover Scheme, and €5,400 to farmers in the Multi species Sward Scheme.

Solar firm Local Power ‘secures extended solar PV warranty'
Solar firm Local Power ‘secures extended solar PV warranty'

Agriland

time16-05-2025

  • Business
  • Agriland

Solar firm Local Power ‘secures extended solar PV warranty'

Irish-based solar business Local Power has said it has reached a deal with its Austrian partner Fronius to deliver a 15-year parts and labour warranty for power inverters for its solar PV customers for the rest of 2025. A power inverter is a key advice in solar electricity generation that converts direct current (DC) to alternating current (AC), which can be then used on the farm or provided to the electricity grid. Fronius was founded in 1945 and is a family-run enterprise which is currently employing over 7,000 staff. It has been manufacturing inverters for the past 30 years. Local Power said the warranty is a 'key benefit in such a highly competitive marketplace', and supports the 30-year product and performance warranties offered by German manufacturer Solarwatt, which manufactures the solar PV panels provided by Local Power. The Irish firm said that the new deal was agreed ahead of the closure of tranche 7 of the Department of Agriculture, Food and Marine's Solar Capital Investment Scheme (SCIS), part of the Targeted Agricultural Modernisation Scheme (TAMS), on June 6. Local Power managing director Pat Smith said: 'The extended warranty we've secured with Fronius will provide additional peace of mind for customers when it comes to the quality and robustness of their solar PV investment. He added: 'To celebrate almost 10 years in business, we recently met with Fronius in Austria, where we struck our extended warranty deal, which not only underlines the strength of our partnership but is indicative of the confidence that Fronius has in the quality of its inverter technology.' Solar PV Smith said that, for solar PV investment, a two-to-three-year payback is 'currently guaranteed' for Irish farmers due to the 60% TAMS grant, VAT refund and 100% accelerated capital allowance. 'Connections which permit the export of surplus power to the grid are going to become more difficult to secure as more and more renewables are connected. 'Therefore, a grid connection agreement is valuable and essentially a contract which allows customers to export energy for payment indefinitely into the future,' Smith said. According to Local Power, every kilowatt-peak (kwp) of solar installed reduces carbon by up to 500kg annually. 'We're building out close on 10 megawatts (MW) of rooftop solar a year, majoring on farms and businesses across the length and breadth of Ireland, from Donegal to Kerry,' Smith said. He also cited an arrangement between Local Power and Rabobank, which allows customers to match savings made on their electricity bills against repayments over a three-year period. 'We work very closely with our farming community and are continuing to develop our farm and agribusiness footprint right across the country. 'We hope that our extended warranty offer and other key benefits demonstrate our support for progressive farm practices as part of an industry which is helping to both build and secure Ireland's renewable future,' Smith added.

Over 1,200 TAMS tranche 5 applications to be processed
Over 1,200 TAMS tranche 5 applications to be processed

Agriland

time14-05-2025

  • Business
  • Agriland

Over 1,200 TAMS tranche 5 applications to be processed

The Department of Agriculture, Food and the Marine (DAFM) has confirmed that just over 1,200 applications made under tranche 5 of the Targeted Agricultural Modernisation Schemes (TAMS 3) are yet to be processed. According to the latest data published by the department, 4,286 (74%) out of the 5,823 applications submitted under this tranche have now been approved. A further 1,223 applications are deemed to be 'in progress', 243 have been rejected and 71 withdrawn. The scheme, which is divided across a range of different measures, provides grants to farmers to build or improve a specified range of farm buildings and equipment on their farm. The following table provides the latest update on tranche 5 applications for the 10 schemes contained in TAMS 3: TAMS 3 scheme Applications Rejected Withdrawn In progress Approved Animal Welfare Nutrient Storage Scheme 1,409 55 26 277 1,051 Dairy Equipment Scheme 115 6 1 34 74 Farm Safety Capital Investment Scheme 2,112 108 17 339 1,648 Low Emission Slurry Spreading 516 2 5 3 506 Organic Capital Investment Scheme 359 12 3 65 279 Pig & Poultry Investment Scheme 32 2 1 12 17 Solar Capital Investment Scheme 513 10 4 334 165 Tillage Capital Investment Scheme 203 11 5 14 173 Women Farmer Capital Investment Scheme 225 19 1 58 147 Young Farmer Capital Investment Scheme 339 18 8 87 226 Total 5,823 243 71 1,223 4,286 TAMS 3 tranche 5 applications. Source: DAFM The data also shows that 209 applications made under tranche 4 are still being processed by the department. 5,211 out of 5,864 applications made under that tranche have been approved. There are 32 applications still outstanding in tranche 3. The department noted that 3,398 of the 3,799 tranche 3 applications have been approved. No update has yet been provided on the status of the 4,931 applications under tranche 6. Tranche 7 of the scheme opened for applications on March 29 and will close on the previously announced date of June 6, 2025. TAMS Meanwhile, separate data published by the department shows that €2.3 million was paid out to farmers under TAMS last week. Over €2 million was paid to farmers in TAMS 3, while an additional €230,000 was paid out for TAMS 2. Around €63 million has now been paid out under TAMS 3 across 7,156 claims. There has been 28,000 TAMS 3 applications approved with over 9,200 payment claims submitted.

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