Think GeoEnergy
Summary
A call for aid has been issued for renewable thermal energy projects in the residential, industrial, and agricultural sectors in the province of Valencia in Spain. The total budget for the thermal renewable energy program, which is part of the European Recovery, Transformation, and Resilience Plan, is EUR 10.24 million.
The Valencian Institute of Business Competitiveness (Ivace) has declared a deadline for application for the incentives until 31 July 2024.
Manuel Argüelles, the General Director of Energy and Mines, clarified that 35% of the cost for eligible projects can be covered by the aid. This can be increased by 10% for small companies, and 5% for medium-sized companies.
Projects that utilize geothermal energy, hydrothermal energy, aerothermal energy, solar thermal energy, or biomass can apply for the grant. District heating and/or cooling micro-grid projects are also eligible.
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