The renewable sector in Spain It is very affected by the little financing and the large taxes that they have. It is a very damaged sector, although it is very profitable and efficient in the long run if you bet on it. Some projects such as changing traditional boilers for innovative biomass boilers, building a small hydroelectric plant and a solar plant in the city, are those that have been able to acquire financing.
The financing of organizations, companies and individuals that promote initiatives for the conservation of nature, maintenance of natural resources and improvement of renewable energies They are not the priorities of the big banks. However, if projects are presented that are innovative, respectful with the environment and with a realistic budget, financing can be obtained from the banks.
During 2015, almost 300 ideas related to renewable energies obtained financing for a value of 328 millones de euros for its development in Spain. This investment in sustainability and energy efficiency seeks to "combat the effects of climate change, in addition to helping as much as possible to fulfill the European commitment to achieve a 40% reduction in greenhouse gas emissions, by 2030" they say. the workers of Triodos Bank, who granted the credits.
Among the financed projects we find from small solar plants that generate some 20 kilowatts even some large ones that can reach 5 megawatts. Normally, the average financing received by each project reaches one million euros, but it can be given up to 10 million credits, depending on the size of the project.
Investment to increasingly promote solar energy production in Spain has been concentrated in Andalusia, Castilla-La Mancha and Murcia although there are also development plans in Valencia, Catalonia, Castilla y León, the Balearic Islands and the Canary Islands. The north of the peninsula and the Community of Madrid are the areas with the lowest concentration of this type of project.