(+34) 913 497 100 | Home Industries Renewable Energy Renewable Energy RENEWABLE ENERGY IN SPAIN Spain has set itself the task of reducing carbon emissions by 2050. This challenge means advancing in alternative energies, an opportunity for job creation and economic growth. The Law on Climate Change and Energy Transition establishes this prospect in two phases. Phase 1 – 2030 Reduce greenhouse gas (GHG) emissions by a minimum of 20% below 1990 levels. Generate at least 74% of Spain’s electricity from renewable energy. Guarantee 35% of final energy consumption from alternative sources. Improve energy efficiency by 35%. Phase 2 – 2050 Achieve 100% renewable energies. Reduce greenhouse gas emissions by 90%, in line with the 2030 Agenda and the Paris Agreement on Climate Change. To achieve these objectives, increases in renewable generation capacity (wind and photovoltaic power) by at least 3 GW/year are planned in the coming decades. In addition to promoting renewable energy, Spain intends to limit the award of new licenses for extraction and fracking activities and to lead a fair transition for regions that are coal-industry dependent. In 2019 Spain generated 97,888 GWh of renewable energy (37.5% of the total annual generation). In S1 2020 this ratio increased to 40%. The latest RECAI (EY) index, which ranks countries on the attractiveness of their renewable energy investment and deployment opportunities, places Spain at 10th in the world. All these circumstances make Spain an excellent destination to invest in renewable energy. Eduardo Vivo PROJECT MANAGER Contact us Our advisers will inform and support you in setting up your business CONTACT Discover the RDI Ecosystem IN SPAIN FIND OUT MORE Why invest in Spain’s renewable energy industry? Besides the commitment to reduce carbon emissions, there are several other factors that favor the momentum of Spain’s renewable energy industry and allow the country to offer one of the most attractive competitive combinations in Europe. Spain excels in natural resources. Spain has a high-quality electrical system that allows maximum renewable energy production under safe conditions. Industrial and technological cluster. Spain has a strong industry that covers the entire value chain. It has state-of-the-art technology and R&D centers in the field of renewable energy (CENER, CIEMAT, IES, PSA, ISFOC). Researchers and skilled and competitive workforce. The renewables sector includes 81,000 direct and indirect employees and around 4,000 companies of different sizes and activities. Spain is a leader in the development of renewable energy from both a technological and industrial standpoint. What are the best investment opportunities? Photovoltaic energy Wind power Energy self-consumption Find your Aid and Incentive Interactive search engine for national and regional financial aid and incentives for your investment project. FIND OUT MORE Main regions for the renewable energy industry Wind Installations Wind installation Photovoltaic plants 364 MW 81 MW 1.777 MW 1.777 MW 1.247 MW 1.723 MW 796 MW 63 MW 1 MW 2 MW 97 MW 51 MW 162 MW 18 MW 934 MW 274 MW 167 MW > 1.500Mw > 1.200Mw > 900Mw > 600Mw > 300Mw > 50Mw < 50Mw Success stories See all success stories 24 September 2021 Propav Infrastructuras André Melo Vice President of Propav Infrastructuras This construction company offers sustainable solutions in the infrastructure and energy sectors. With operations in Africa and Latin America, Propav has almost 30 years' experience in various fields of engineering and infrastructure ... Read more 19 June 2021 Soto Solar Bas Dekker CEO The Dutch company Soto Solar has been developing and investing in large-scale solar photovoltaic self-consumption ... The company is currently working on the ERASMO project. This is the largest solar farm in Spain, with an installed capacity of ... Read more Publications 19|07|2021 Spain for Renewable Industry (399,17 KB) News See all 26 NOVEMBER 2021 ICEX Launches INNOVA Invest, a Programme Designed to Help Foreign Companies Invest in R&D in Spain Read more 04 NOVEMBER 2021 ENGIE reaffirms commitment to Spanish solar PV industry with Sofos Energía acquisition Read more 29 OCTOBER 2021 Swiss company Juice Technology chooses Malaga for HQ operations in Spain Read more Agenda See all Our brands: Invest in Spain About Us Global Network Regions Innovation Startups Sustainability LATAM Desk China Desk Publications Events What's on Why Spain Economy Infrastructures Talent Taxation Quality of Life Industries Aerospace Agri-food Audiovisual Automotive and mobility Chemical industry ICT Life Sciences Logistics and transport Renewable Energy Tourism and Leisure Doing Business Company set up Taxes Labour market Aids and incentives Visas Intellectual property Living in Spain We help you Innova Invest Smart Technology Fund Investors Network Investor Services Rising Up in Spain Social Networks European Regional Development Fund A way to make Europe All rights reserved. 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