Spain’s Ministry for Ecological Transition says a new €2 billion ($2.3 billion) financing package aims to accelerate industrial capacity, expand renewable energy deployment and boost the country’s long-term energy resilience.
Spanish Minister for Ecological Transition Sara Aagesen has unveiled a €2 billion aid package aimed at strengthening Spain’s industrial value chain and accelerating the country’s energy transition.
The program is mainly funded through the Recovery, Transformation and Resilience Facility (RTRF) and partly aligned with the European Clean Industry State Aid Framework (CISAF). It builds on PERTE ERHA, a strategic state initiative focused on renewable energy, renewable hydrogen and storage.
The package extends implementation deadlines beyond the previous target of August 31, 2026, with a number of measures now running until 2028, aimed at improving the absorption of European funds.
The program focuses on four strategic areas: industrial value chain development, renewable energy integration, electric mobility and innovative thermal solutions for industrial and residential applications. According to Aagesen, the program is expected to launch before the end of the year.
In June, the ministry allocated €300 million to support 33 projects in twelve autonomous communities. The new package will add €300 million to €350 million for proposals aimed at the production of renewable energy equipment, including solar photovoltaics, wind turbines, electrolyzers and heat pumps, in addition to clean industrial technologies. Approximately €300 million to €450 million in funds will support renewable hydrogen initiatives, covering capital and operational costs, while €200 million is earmarked to modernize port infrastructure for offshore wind development.
Integration and storage of renewable energy are a central pillar. The program will provide EUR 300 to 350 million for the repowering of wind turbines and hybrid projects with storage, and EUR 100 million for pumped storage hydroelectric power stations. Innovative storage-integrated projects, including agricultural voltaics, floating solar and urban integration, will receive 150 to 200 million euros. Implementation deadlines for geothermal, marine and biogas projects are also being extended, building on the €120 million already allocated to geothermal initiatives.
Electric mobility is another priority. Moves Corredores will receive €150 million to €200 million to expand charging points along major road networks, while Moves Flotas will allocate €50 million to electrify van fleets.
The program emphasizes innovative thermal solutions. Between €40 million and €75 million will support the electrification of fossil fuel cogeneration plants, with a similar amount going to district heating and cooling networks to improve energy efficiency in the industrial and residential sectors.
By focusing on these four areas, the ministry aims to promote Spain’s transition towards a resilient, sustainable and technologically advanced energy landscape, strengthening the country’s commitment to European energy and industrial goals.
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