Financing of 42 renewable thermal energy projects

Country / jurisdiction: Spain · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Ministry for the Ecological Transition will financially support 42 innovative renewable energy projects for the production of thermal energy. In particular, EUR 13 million will be devoted as aid for investments in thermal energy production facilities through renewable energy sources. The measure is co-financed with the European Union, under the European Regional Development Fund (ERDF). The total investment of the project is worth EUR 66.5 million, generating a total power of 176 MW. The objective is to shift progressively the energy generation of small industries (for instance dairy or wood industries) from fossil fuels to renewable energies.

The facilities must be completed before 30 June 2022.

The integration of renewable energies in the productive sector are priorities of the Recovery, Transformation and Resilience Plan (Plan de Recuperaciòn, Transformaciòn y Resilienca).

Official source: https://www.miteco.gob.es/en/prensa/ultimas-noticias/el-gobierno-apoya-42-proyectos-de-energ%C3%ADas-renovables-t%C3%A9rmicas-innovadoras-en-industrias-de-castilla-y-le%C3%B3n/tcm:38-532075