from the European aid fund and the Ministry of Ecological Transition an action plan has been prepared to support energy efficiency for small and medium enterprises and larger industrial players with high electricity use. the program prioritizes grants and cash loans aimed at boosting energy efficiency in the industrial sector and reducing carbon dioxide emissions and final energy consumption. this initiative creates clear rules for granting aid to encourage companies to undertake actions that lower energy demand and emissions.
large electricity consumers will benefit from pre-approved loan schemes provided through the Ministry of Ecological Transition, the Official Credit Institute, and the European aid fund. these facilities support investment in renewable energy facilities financed by banks.
in this framework, solar technology providers have signed a macro agreement with banking institutions to access ratings from the european aid fund, simplifying the assistance process. spanish companies choosing solar energy to cut electricity use stand to gain from these designed programs.
suntechnics specializes in self consumption, grid injection, and solar installations for solar gardens, offering solutions that help businesses manage energy more effectively.
hotline
the royal decree framework allocates up to tens of billions of euros from the ministry of economy and digital transformation to fund financing for companies and freelancers pursuing new investments. certain aspects of this program are managed by the ICO and align with strategic recovery goals. key allocations include the following tranches:
- first tranche: eight thousand million euros, five thousand million to small and medium enterprises and freelancers, and three thousand million to larger non SME companies. the aim is to guarantee liquidity and support new investments.
- fourth tranche: five hundred million euros to back financing for SMEs and freelancers in tourism, accommodation, and related activities to meet liquidity needs and fund new investments.
- sixth tranche: fifteen thousand million euros, ten thousand million for SMEs and freelancers and five thousand million for non SME companies. this tranche targets financing for investments that support the economic recovery and liquidity needs.
the official credit institute provides direct financing to spanish companies for major investment projects. its mission includes supporting economic activities that contribute to growth and the equitable distribution of national wealth, especially when they hold social, cultural, innovative, or ecological value.
in addition, the ICO emphasizes sustainable development and adheres to market standards related to sustainability and climate goals at national and international levels. the financing line complies with EU state aid regulations.
source: idae and ico.
suntechnics – turning the sun into energy
suntechnics offers energy solutions for commercial and industrial clients, including solar PV installations, energy storage, and grid integration services. these offerings help businesses reduce energy costs and increase energy independence while supporting broader climate and sustainability objectives.
email: [email protected]