Clifford Chance
Repowering Renewable Energy Assets in Spain
21 March 2023
Spain's Ministry for the Ecological Transition has approved grants for wind repowering, hydro renewal and wind turbine blade recycling projects, allocating EUR 222.5 million of Next Generation funds. However, there are numerous regulatory restrictions on using these grants for repowering. The restrictions will impact almost 24,000 MW of wind power (set to increase to 33,000 MW by 2025) that is over 15-years old, the age after which unrestricted repowering is the best solution for extending the useful life of renewable energy projects.
