Spain allocates €162 million to 40 clean energy manufacturing projects, including solar PV

Jonathan Touriño Jacobo

1d ago· 2 min readenNews

technology business government funding clean energy

Summary

The Spanish government has awarded €162 million in funding to 40 clean energy manufacturing projects, including three solar PV projects. Unlike a previous €210 million program that funded solar module manufacturing, none of the current solar PV funding went to module manufacturing. Two of the solar PV awards went to Spanish inverter manufacturer Power Electronics (€7.6 million) and its subsidiary Power Metal Works (€1.4 million), both located in the Valencia region. Power Electronics recently announced it has reached 170GW of installed AC power globally.

Source

bskySpain allocates €162 million to 40 clean energy manufacturing projects, including solar PVpv-tech.org

Key quotes

· 3 pulled

Unlike the previous programme, which awarded more than €210 million to seven solar manufacturing projects last year, none of the solar PV funding went to solar module manufacturing.

Two of the solar PV projects awarded financing were to Spanish inverter manufacturer Power Electronics and its subsidiary Power Metal Works with €7.6 million and €1.4 million, respectively.

The solar inverter and energy storage manufacturer recently unveiled it had reached 170GW of installed AC power globally, and aims to install a further 2

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The Spanish government has awarded more than €160 million in funding to 40 clean energy manufacturing projects, three of which are solar PV.

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