Spain holds a European record with 715 electricity and gas companies
In Spain, the energy sector is experiencing a surge of investment opportunities, with a focus on commercialization of both electricity (light) and gas. This boom primarily arises from renewable energy development, energy storage, and green hydrogen initiatives.
Key opportunities include renewable energy projects linked to solar photovoltaic (PV), wind power, and green hydrogen. The government is actively investing in these projects, backed by substantial EU and national funding such as Spain’s Recovery and Resilience Facility grants and NextGenerationEU programs.
Solar PV paired with large-scale battery storage, including agrivoltaic systems (solar + agriculture) and floating solar PV on irrigation ponds, are being prioritized. The expansion and modernization of power grids to integrate renewable generation and improve resilience are also receiving attention, with European Investment Bank (EIB) loans supporting these efforts.
Energy storage, a critical commercial sector for adding value to intermittent solar electricity and enhancing consumption flexibility, is another key focus. It is a mandated component in recently funded renewable projects.
Green hydrogen and electrification technologies are also on the agenda, with Spain prioritized for investments in green hydrogen infrastructure and renewable heat pumps, aligned with EU decarbonization and energy autonomy goals.
Regional focuses include Catalonia, Valencian Community, Madrid, and Andalusia, which host many innovative renewable and energy storage projects, benefiting from local expertise and infrastructure.
The energy transition is supported by strategic financing instruments and plans such as the Recovery Plan, NextGenEU funds, and the EU-backed Regional Resilience Fund, ensuring a stable investment climate with policy and financial backing.
Investors can explore opportunities in commercial deployment and scaling of solar, wind, and storage projects, manufacturing and supply chains for renewable energy equipment, grid modernization and digitalized energy management solutions, and green gas and hydrogen production and commercialization infrastructure.
Spain’s growing renewable energy market, robust financial support, and regulatory frameworks position it as a compelling destination for energy commercialization investments involving both electricity and gas sectors. However, due to an excess of simultaneous users, premium content access is currently unavailable. Users are encouraged to try again later.
[1] European Commission. (n.d.). Spain's Recovery and Resilience Facility. Retrieved from https://ec.europa.eu/info/public-consultations/open/2021-06-02-spain-national-recovery-and-resilience-plan_en
[2] European Commission. (n.d.). Spain: NextGenerationEU. Retrieved from https://ec.europa.eu/info/funding-tenders/funding-opportunities/portfolio/spain_en
[3] European Commission. (n.d.). Spain: Recovery Plan. Retrieved from https://ec.europa.eu/info/business-economy-euro/recovery-plan/country-specific-recommendations/spain_en
[4] European Investment Bank. (n.d.). Iberdrola to receive €50 million loan from European Investment Bank to climate-proof and upgrade power grid in Valencia, Spain. Retrieved from https://www.eib.org/en/press/news/2021/05/iberdrola-to-receive-50-million-loan-from-european-investment-bank-to-climate-proof-and-upgrade-power-grid-in-valencia-spain.htm
[5] European Commission. (n.d.). Spain: Renewable Energy Sector. Retrieved from https://ec.europa.eu/info/business-economy-euro/sectors/energy/renewable-energies/spain_en
- The art of investment lies in identifying opportunities in the Spanish energy sector, particularly those associated with renewable energy projects like solar photovoltaic (PV) and wind power, energy storage, and green hydrogen initiatives, which are receiving significant funding from the European Union and the Spanish government.
- The finance and industry sectors can collaborate to capitalize on Spain's growing renewable energy market, with key focus areas being the commercial deployment and scaling of solar, wind, and storage projects, the manufacturing and supply chains for renewable energy equipment, grid modernization and digitalized energy management solutions, and the development of green gas and hydrogen production and commercialization infrastructure.
