Spain's Ministry of Ecological Transition and Demographic Challenges (MITECO) has launched a new aid program called RENOVAL 2, with a budget of 0.355 billion euros. The initiative aims to strengthen industrial value chains involving clean technologies, including renewable energy such as photovoltaic, wind and geothermal. The objective of the plan is to ensure energy security, improve competitiveness and decarbonize Spanish industry, in line with the principles of the European Commission's Clean Industry Convention. The aid will be awarded through a competitive bidding system and applied to projects with an investment of more than one million euros. Those projects that incorporate strategic and environmental criteria will be prioritized, thus contributing to a more self-sufficient energy system in the country. The Ministry of Ecological Transition and Demographic Challenges (MITECO) has announced a new assistance package totalling € 0.355 billion million to strengthen industrial value chains related to clean technologies. The initiative, called RENOVAL 2, managed through the Institute for Energy Diversification and Energy Conservation (IDAE), aims to stimulate the manufacture of equipment and components in a number of areas, including photovoltaic, solar thermal utilization, wind energy, geothermal, hydrogen energy and energy efficiency.
The scope of the plan has been expanded compared to its predecessor and is consistent with the goals of the Clean Industry Convention promoted by the European Commission. The plan aims not only to increase Spain's production capacity, but also to help guarantee energy security and decarbonize the country's industry.
Driving Industrial Innovation
The funding comes from NextGenEU projects under the framework of the Recovery and Resilience Program (PRTR), which aims to strengthen the country's entire value chain related to renewable energy. This includes both mature technologies such as photovoltaics and wind energy, as well as emerging innovations such as renewable hydrogen energy. In addition, it is expected that the assistance will promote new technological and industrial capacities.
The subsidy will be awarded through a competitive bidding system. Beneficiaries must demonstrate that they have incurred costs eligible for the subsidy before receiving final economic support. IDAE will be responsible for managing this process.
Assistance structure and qualified projects
Assistance will apply to projects related to the creation or expansion of industrial facilities dedicated to manufacturing clean technologies. The plan contains two scenarios: one with a budget of 25 million euros for projects with an investment of between 1 million and 30 million euros, and the other with 0.33 billion euros reserved for projects with an investment of more than 30 million euros.
The intensity of assistance will fluctuate between 15% and 35% according to the geographical location of the project location, and the maximum limit will be set according to the type of enterprise applying. SMEs can receive an additional aid intensity bonus.
Clean technologies focused on
The plan covers a wide range of clean technologies, including:
Solar technologies: photovoltaics, thermal utilization and collectors
Wind energy technologies: onshore and offshore turbines
Batteries and energy storage: excluding various types of electric vehicle batteries
heat pumps and geothermal energy
hydrogen energy technology: electrolyzers and fuel cells
sustainable biogas technology
Advanced power system: substations and digital technologies for the grid
hydropower technology: turbine
Other renewable energy technologies: penetration energy, biomass energy, etc.
Industrial energy efficiency
Industrial decarbonization technology
Address geostrategic challenges
As Europe faces challenges related to external energy dependence, with its industrial capacity for renewable energy, Spain has positioned itself as a key player. Currently, Spain produces more than 60% of the components needed for solar installations and almost all of the components needed for wind farms. However, there is still significant dependence on certain key elements from external markets.
This new initiative aims not only to drive in-house technological development, but also to ensure a sustainable energy supply in line with Europe's digital transformation and environmental goals. The initiative represents a key opportunity to strengthen local production chains in line with the principles of the EU Renewable Energy Programme.
Continuation of support for renewable energy projects
The RENOVAL 2 programme continues an effort initiated by MITECO through a previous programme, which has allocated € 0.296 billion to 33 projects focused on renewable energy. These initiatives are part of component 31 of PRTR related to REPowerEU, thereby contributing to compliance with national and EU regulations.
The application submission period will start on January 22 and end on February 25 next year.
Q & A about the program
The RENOVAL 2 program is an assistance program launched by the Ministry of Ecological Transition and Demographic Challenges (MITECO) to strengthen the industrial value chain of clean technology in Spain, with a funding of € 0.355 billion.
What are the objectives of the plan?
The objectives of the plan include energy security, competitiveness and decarbonization of industry, in line with the European Commission's Clean Industry Convention.
What types of technologies are included in the assistance?
The assistance targets the manufacture of equipment and components related to technologies such as photovoltaics, solar thermal utilization, wind, geothermal, hydrogen, biogas and energy efficiency.
How will the assistance be administered?
The Institute for Energy Diversification and Energy Conservation (IDAE) will administer the assistance, which will be awarded as a final subsidy through a competitive bidding system after verification of eligible costs.
What is the deadline for submitting applications?
The deadline for submitting applications will start at 9 o'clock on January 22, 2026 and end at 12 o'clock on February 25, 2026.
On what criteria will projects be evaluated?
In addition to economic criteria, projects that include strategic, social and environmental aspects, such as job creation or reduction of carbon footprint, will be positively evaluated.