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Castilla-La Mancha to prioritize renewable energy projects

Wind farm in Spain. Author: Iker Merodio. License: Creative Commons, Attribution-NoDerivs 2.0 Generic

April 17 (Renewables Now) - The regional government of Spain's Castilla-La Mancha on Monday published in its official gazette, a set of measures to speed up the development of renewable energy projects.

Under the new initiative, green energy schemes are granted preferential and speedy processing by the relevant authorities. If all projects currently in the planning pipeline are to be developed, Castilla-La Mancha expects around 3,380 MW of new renewable capacity to be installed, representing EUR 2.8 billion (USD 3.5bn) in overall investments.

The measures also include a special benefit for the projects that are developed and executed in municipalities, and their bordering regions, affected by the closure of coal mines, the government stated.

At present, Castilla-La Mancha produces almost twice as much electricity as it consumes, with 52% coming from renewable sources.

In Spain, the autonomous community already ranks first in terms of photovoltaic (PV) installed capacity and second in wind and solar thermal, it noted.

(EUR 1 = USD 1.24)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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