The Spanish Government has announced aid of €54 million (£48m) for wind projects in the Canary Islands
The grant, which is co-financed by the European Regional Development Fund (ERDF), is predicted to support an installed capacity of 160MW in the Canaries by 2022.
The scheme aims to stimulate the deployment of renewables
in island electrical systems which, due to their geographical characteristics, pose obstacles to the integration of these technologies.
The aid is also forecast to mobilise an additional private investment of about €137 million (£121.9m).
The total investment in renewable energy projects is predicted to allow the elimination of more than 232,000 tonnes of carbon dioxide every year.
If you enjoyed this story you can sign up to our weekly email for Energy Live News – and if you’re interested in hearing more about the journey to net zero by 2050, you can also sign up to the future Net Zero newsletter.