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Spain unveils €405m support scheme for renewables and clean-tech manufacturing

Spain unveils €405m support scheme for renewables and clean-tech manufacturing

Excerpt and Photo Credit: strategicenergy.eu

Spain has launched two new funding calls totalling 405 million euros to advance its energy transition strategy, combining support for renewable energy deployment with measures to strengthen domestic industrial capacity in clean technologies.

The initiatives are managed by the Ministry for the Ecological Transition and the Demographic Challenge (MITECO) and the Institute for the Diversification and Saving of Energy (IDAE). Together, they aim to accelerate the replacement of fossil fuels while positioning Spain as a competitive manufacturing hub for the European clean-tech value chain.

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