European Commission gave the green light to Spain for its allocation. 1.1 billion euros inside direct aid to renewable industry Aid should be directed specifically to producers. batteries, solar panels, wind turbines, heat pumps and electrolyzersat the same time ingredients anyone critical raw materials It is necessary to produce these products. This aid can be up to the following amount: 350 million euros per company, it is part of crisis time period Approved and will be funded as a result of the war in Ukraine New Generation funds.
In June the Government approved an addendum to the Recovery Plan containing new investment commitments and reforms to attract Spain. 94.3 billion Additions to European funds by 2026 70,000 million from the first stage. In this amendment containing this article 1.1 billion euros designated for renewable value chain With this, Spain is trying to “compensate for market shortcomings” and “support strategic technologies”.
According to Brussels, the aim is “ecosystem necessary to speed up investments in the value chain For the production of such products.” Minister of State for Energy, Sara Aagesencelebrated Commission approval In his speech at the opening of the National Renewable Energy Congress organized by APPA Renewable Energy ResourcesHe also underlined the need to take action to strengthen the “strategic autonomy” of the continent’s energy and industrial capacity.
Conditions
The Institute for Energy Diversification and Conservation (IDAE) will be responsible overcome In addition to the 1 billion 100 million euros allocated to renewable production, the tender December 31, 2025. Between conditions this imposes Brussels It’s companies’ responsibility to ask for help before starting work and this generally does not exceed 15% of eligible costs or the total 150 million euros per company.
However, in some areas (those specified in the instructions) regional aid map 2022-2027–rate may increase Between 20% and 35% and the total will be: 200 and 350 million euros. This rate can be increased by 20 percent for the smallest companies and 10 percent for medium-sized companies. In all cases, the beneficiary must make the following commitment: continue investments “in the area in question at least five yearsFor SMEs, it will start counting after “three years”, that is, at the end of the investment.
Source: Informacion
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