European Investment Boosts Industrial Decarbonisation Through Spain's New Green Subsidies
The Ministry of Industry and Tourism in Spain has announced a new call for applications under the Descarbonisation Industrial PERTE, supported by a funding of 330 million euros. Managed by the State Society for Industrial Promotion and Business Development (SEPIDES), this initiative aims to support strategic projects that reduce environmental emissions within the manufacturing sector.
Aligned with the Recovery Plan and within the REPowerEU chapter, the grants are designed to accelerate the transition towards greener manufacturing processes. The funds are accessible to eligible organisations from 2 to 13 February, offering a significant opportunity for industry players committed to sustainability.
This funding will primarily target projects that form part of larger strategic initiatives focused on decarbonising individual industrial facilities. These projects, termed trough projects, can include multiple primary sub-projects aimed at transforming a specific operational site. The scope includes facilities subject to the Emission Rights Trading Scheme (ETS) and those outside it.
Priority activities include electrification of energy sources, installation of hydrogen systems, implementation of comprehensive energy management systems, reduction of natural resource consumption, and adoption of clean technologies such as carbon capture. These measures align with broader objectives to support industry competitiveness while addressing climate challenges.
Support recipients are both public and private companies with legal personality, as well as associations fulfilling specified legal and operational requirements. Beneficiaries will have up to 60 months from the grant approval date to carry out investments and absorb related expenses, providing ample time for large-scale strategic deployment.
The application process opens on 2 February at 10:00 am and closes on 13 February at 2:00 pm (peninsular time). Additional details and guidelines are available for potential applicants seeking to enhance their competitiveness through sustainable industrial innovation.