From pv journal in Spain
The Spanish authorities has introduced a funding scheme for hybrid vitality storage initiatives that generate electrical energy from renewable sources. The scheme is a part of the Restoration, Transformation and Resilience Plan (RRTP).
The scheme will finance 5 storage initiatives with a cumulative put in capability of no less than 600 MW, or equal to the full vitality provide. The initiatives should be hybridized with renewables, however the funds will solely cowl the addition of storage.
The utmost funding obtainable per challenge and per developer is €15 million. The quantity of help for every set up will probably be decided in keeping with the full value of the challenge and the scale of the builders. The identical challenge might be financed by the inducement scheme of the Spanish authorities and different applications from the European Union, so long as the funds will not be used to cowl the identical prices.
The federal government will solely present subsidies to initiatives that can’t be financed with out state assist. Tasks developed earlier than making use of for funding will not be eligible. Tasks don’t want a grid connection allow to qualify for financing, as builders acquire permits through the execution part. An advance fee of as much as 80% of the full funding could also be requested to facilitate the financing of the challenge.
Commenting on the initiative, Luis Marquina, president of the Spanish financial savings affiliation Aepibal, stated pv journal that it’s “a step ahead, indeniable and needed, but in addition raises many questions.” He hopes that these questions will probably be answered in future consultations with the federal government, because the clarification of what’s thought-about a brand new storage challenge and the beginning date of a hybrid challenge is important.
The decision for proposals will probably be centralized by the Spanish Institute for the Diversification and Saving of Vitality, which is able to present the funds in a contest. Eligible initiatives have till the top of December to use. The scheme runs until December 31, 2025.
This content material is protected by copyright and might not be reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.
