Endowed with 480 million euros, this call seeks to strengthen the industrial value chain of clean energy technologies in Spain and accelerate both national and European energy and technological autonomy.

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Objectives of the Renoval 2 program

Renoval 2 is part of the Recovery, Transformation and Resilience Plan (PRTR) and the European initiative RepowerEU, aimed at reducing energy dependence and strengthening local productive capacity.

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The main objective of the program is to promote industrial projects that consolidate Spain's position in the renewable energy sector and prevent the relocation of production outside the European Union.

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These grants are designed to support companies that contribute tangibly to the energy transition, generate industrial employment and promote a competitive and sustainable national industry.

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Beneficiary companies

SMEs and industrial companies of different sizes may participate, provided that they develop investment projects related to the production or improvement of technology related to renewable energy.

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Although the program is open to all types of companies, industrial SMEs with well-defined projects and a clear role in the value chain of these technologies will have a real opportunity to obtain funding.

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Project typology

Unlike other calls focused on self-consumption or equipment installation, Renoval 2 is aimed exclusively at industrial projects, that is, the manufacture, expansion or technological improvement of equipment production lines linked to clean energy.

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Eligible technologies include:

• Solar energy: photovoltaic, thermal or electrical.
  
  
• Wind energy: terrestrial or marine.
  
  
• Energy storage systems: batteries, electrochemical or thermal technologies.
  
  
• Heat pumps and geothermal energy.
  
  
• Renewable hydrogen technologies: electrolyzers, fuel cells.
  
  
• Biogas and biomethane.
  
  
• Electrical grids and management technologies.
  
  
• Hydroelectric systems and associated stations.
  
  

Projects must demonstrate their economic and technical viability, and comply with the environmental principle of “do not cause significant harm” (DNSH), mandatory in all PRTR grants.

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Type of Renewal aid 2

Competitive grants of up to 55% of the investment, depending on:

• The size of the company: SMEs can reach the maximum percentages.
  
  
• The location of the project: areas with less economic development or in a demographic challenge will receive more support.

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Assessment Criteria

Special consideration will be given to projects that:

• Generen industrial and qualified employment.
  
  
• Promote the technological innovation.
  
  
• They are located in areas in industrial transition or demographic challenge.
  
  
• Contribute to the development of the energy autonomy of Spain and the EU.
  
  

Documentation and previous steps

Before submitting the application, interested companies must:

1. Analyze if your activity fits in any of the eligible categories.
   
   
2. Prepare a detailed technical report of the industrial project.
   
   
3. Justify economic and technical viability of the plan.
   
   
4. Provide updated financial information, including balance sheets and income statements.
   
   
5. Accredit compliance with the DNSH principle and other PRTR sustainability criteria.
   
   

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Deadline for submitting applications for Renoval 2

The application period has not yet opened, as the final regulatory standard is currently being processed. However, companies that prepare documentation in advance will be in a better position to submit solid projects as soon as the call is published.