More funds allocated for introduction of green energy in the Balearics

Balearic officials took part in the virtual conference

Balearic officials took part in the virtual conference Credit: Balearic Government

REPRESENTATIVES of the Balearics Government participated in an Energy Sector Conference that took place electronically on January 11.
It emerged that the Balearic Islands will receive more than € 14.5 million during 2021 to promote the implementation of clean energy in the community.
This latest allocation of funds will be added to the more than €70 million that the Balearic Islands have already obtained from the Ministry for the Ecological Transition and in less than two years, the Balearic Government has managed to obtain some €86 million from central government to promote the energy transition in the Islands.
The Ministry of Energy Transition and Productive Sectors confirmed that it will receive €10.1 million to promote electric mobility in the Balearics of which 50 per cent will be allocated to the infrastructure needed for the expansion of electric cars and the other 50 per cent to the acquisition of vehicles, including electric bicycles.
Thanks to this Energy Sector Conference, the Ministry for the Ecological Transition has also committed more than €4 million for the promotion of self-consumption in the industrial and service sectors. of the Balearic Islands.
Of this, about 75 per cent will be allocated specifically to the services sector and 25 per cent to industry.
Thank you for taking the time to read this news article “More funds allocated for introduction of green energy in the Balearics”.

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John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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