Sunwafe SL Secures Major Share of Spain's Clean Energy Manufacturing Fund
Key Ideas
  • Sunwafe SL has obtained a significant portion of Spain's €297.3 million fund for clean energy manufacturing, emphasizing the country's support for domestic production.
  • The Renoval program by Spain's Ministry for Ecological Transition and the Demographic Challenge allocates funds to 34 projects, with a focus on renewable energy equipment and components, including green hydrogen electrolyzers.
  • A diverse range of projects across various autonomous communities in Spain have been provisionally selected, presenting opportunities for job creation and technological advancement in the clean energy sector.
  • The funding, part of Spain's recovery and resilience plan, demonstrates the country's commitment to sustainable energy solutions and environmental stewardship under the REPowerEU component.
Spain's Ministry for Ecological Transition and the Demographic Challenge has announced the provisional results of the Renoval program, which allocates €297.3 million to support clean energy manufacturing in the country. This initiative, managed by the Institute for Energy Diversification and Saving, focuses on 34 projects essential for Spain's renewable energy industry. Notably, 11 of these projects concentrate on producing electrolyzers and other components for green hydrogen, reflecting a growing interest in hydrogen technology. Sunwafe SL, headquartered in Gijón, secured a substantial amount from the fund for establishing a solar ingot and wafer factory. The selected projects span across 12 autonomous communities in Spain, with a diverse range covering wind energy, solar photovoltaic, battery equipment, and heat pump manufacturing. Companies like Ariema Enerxía, Matteco, ABC Compressors, and others have been granted funds for various clean energy initiatives. The program aims to adhere to the 'do no significant harm' principle for environmental impact. Overall, the funding underscores Spain's commitment to advancing sustainable energy solutions while supporting domestic manufacturing and economic recovery.
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