en.Wedoany.com Reported - Spain's Third Vice President and Minister for Ecological Transition and Demographic Challenge, Sara Aagesen, announced at a press conference the expansion of NextGenEU fund aid under the Recovery, Transformation and Resilience Plan (PRTR) for wind and hydropower renovation to €512 million (REPOTEN 2). Due to strong industry demand, the program's initial budget (€292 million) has been increased by 75%.

This aid, managed by the Institute for Energy Diversification and Saving (IDAE), aims to incentivize investments to replace old wind turbines with the latest generation units and to carry out technical and environmental upgrades on hydropower facilities with an installed capacity of no more than 50 MW. Aagesen stated that a second phase of the aid program for renovating wind and hydropower facilities will be launched, replacing end-of-life equipment with more efficient, sustainable, and technologically advanced alternatives.

Based on the new budget and the average of applications received, Aagesen expects to support the renovation of over 2,000 MW of wind farms. Additionally, it will add approximately 900 MW of hydropower capacity and around 1,500 MWh of hybrid storage, measures expected to leverage over €3 billion in investment.

The new call for proposals under the REPOTEN 2 program aims to improve the energy efficiency of Spain's wind farms and reduce their environmental impact, while upgrading a large number of hydropower plants, continuing the technological upgrades driven by the first phase of the program (which allocated €186 million). In addition to the budget increase, this round of aid introduces important improvements: relaxed conditions to encourage subsidized projects to include hybrid storage, whether for wind farm renovation projects or technical and environmental improvement projects at hydropower facilities; for hydropower projects, the installed capacity of plants eligible for aid has been raised from 10 MW to 50 MW.

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