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Renewable Value Chain Program. RENOVAL Grant
••••• Institute
An institute
RENOVAL is a €750M EU-funded grant programme supporting industrial manufacturing of renewable energy equipment and components (solar, wind, batteries, heat pumps, electrolysers) in Spain. It funds new production facilities, production lines, and reconversion of existing manufacturing capacity to advance Spain's renewable energy industrial ecosystem.
About this grant
The Renewable Value Chain Program (RENOVAL) is a grant programme funded by the European Union's Recovery, Transformation and Resilience Plan (PRTR) through NextGenerationEU, with an initial budget of 750 million euros. The programme aims to strengthen Spain's industrial ecosystem for renewable energy equipment and components, develop new technological and industrial capabilities, increase the country's competitiveness, decarbonise industry, and ensure energy security. …
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