- Marisol Garmendia states that with this aid “we want to guarantee energy security and autonomy, increase our competitiveness and decarbonize the industry”
- The RENOVAL program will contribute to strengthening the value chain and industrial development in much of the territory, since the projects will be located in 12 autonomous communities
- The endowment will be divided among 33 projects throughout Spain that will promote the manufacture of solar panels, wind turbines, heat pumps, batteries, electrolysers for the production of green hydrogen, as well as essential components of these technologies.
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has resolved the call for the aid program for projects aimed at strengthening the renewable value chain (RENOVAL), which will grant 7,481,747 euros to 6 Basque projects for the manufacture of equipment and components essential for the technological and industrial development of renewable energies. This line of incentives, managed by the Institute for Diversification and Energy Saving (IDAE), will boost the capacity of the Basque Country and Spain in the production of solar panels, wind turbines, heat pumps, batteries, electrolysers for the production of green hydrogen, as well as essential components of these technologies.
The delegate of the Government in the Basque Country, Marisol Garmendia, has shown her satisfaction for the arrival of this money in the Basque economy with which “we want to guarantee energy security and autonomy, increase our competitiveness and decarbonize the industry”.
The Basque projects, selected in competitive competition, are the Biscayans Hydrogen Onsite (3,959,424 €), Haizea Bilbao, (869,124 €), the Gipuzkoans Arizaga, Bastarrica and Company (368,204 €), Haizea Wec Machining (337,298 €), Fihi Forging Industry (745,516 €), Bihar Batteries (610,991 €) and the Haizea Wec Fundicion (591,190 €). Euskadi is the Community with the most proposals granted (6) ahead of Castilla-La Mancha (5), Andalusia (4), Galicia (3), Castilla y León (3), Canary Islands, Catalonia, Navarre, Valencian Community and Asturias –with two each–, Extremadura and Madrid, with one.
This line of incentives of the IDAE, endowed with NextGenEU funds of the Recovery, Transformation and Resilience Plan (PRTR), will contribute to reinforce the entire chain of innovative value and knowledge around renewable energies in Spain; both in mature technologies, in the case of solar photovoltaic and wind, and in other emerging ones, with renewable hydrogen in the foreground.