These subsidies, endowed with NextGenerationUE funds, are aimed at individuals, companies, communities of owners, associations and public companies.

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The Government is promoting a line of aid of up to 25 million euros

There will be an allocation of 15 million euros for industrial estates and another 10 million euros for the business sector on the islands.

The Regional Ministry of Enterprise, Employment and Energy, through the Directorate General for the Circular Economy, Energy Transition and Climate Change, is to announce, for the first time, a line of aid endowed with 25 million euros from European NextGeneration funds that include the removal of fibre cement, or asbestos, in projects to install photovoltaic panels both on industrial estates on the islands and in existing buildings belonging to individuals, companies, associations or public companies.

“These aids are born out of necessity and responsibility,” explains the councillor Alejandro Sáenz de San Pedro, “it is essential to increase resources to eliminate this polluting and harmful material for our environment and at the same time promote the use of renewable energies through the installation of photovoltaic panels. The objective and priority is to eliminate it as much as possible as part of our policy to combat climate change.

The Government will launch two calls for aid within the Investment Plan for the Energy Transition of the Balearic Islands (PITEIB) to promote the use of renewable energy, eliminate harmful waste, facilitate the path of energy transition and combat climate change effectively.

Those interested, both companies and individuals, will be able to apply from 15 January and will have six months to do so, with a deadline of 15 July 2024.

On the one hand, grants will be awarded to industrial estates for actions linked to collective self-consumption with or without electricity storage with renewable energy sources, thermal renewable energy installations, as well as actions on sustainable mobility, to increase the production of renewable electricity, reducing energy consumption and CO2 emissions.

Its financial endowment will be 15 million euros distributed in two annual instalments: 7 million in 2024 and 8 million in 2025 and the actions and projects must be carried out within the established period, which may not be later than 31 July 2025.

The beneficiaries may be autonomous bodies, public business entities, public trading companies, public sector foundations and consortia that carry out their activity in the autonomous community, as well as renewable energy communities, citizen energy communities, communities of owners, business associations, cooperatives or non-profit organisations that are legally constituted or have at least 5 members.

This first call for applications sets out a series of subsidisable incentives such as:

• The implementation of collective self-consumption installations with or without electrical storage with renewable energy sources in industrial estates.
  renewable energy sources in industrial estates.
• The implementation of shared vehicle systems with service in industrial estates.
• The acquisition of zero-emission shuttle vehicles with service on industrial estates.
• Centralised installations of thermal energy production with renewable sources of hydrothermal or aerothermal technologies (except air-air technologies), for air conditioning and/or domestic hot water on industrial estates.

• Centralised installations of thermal energy production with renewable sources of hydrothermal or aerothermal technologies (except air-air technologies), intended for air conditioning and domestic hot water on industrial estates.

“With this aid we are putting a stop to the solarisation of roofs, we are firmly committed to the installation of renewables in anthropised urban spaces and we are promoting the occupation of spaces already transformed by man”, explains Diego Viu, Director General of Circular Economy, Energy Transition and Climate Change, adding “an example of an eligible incentive would be a project to replace an asbestos roof with photovoltaic panels in a 1,000 m2 industrial building. Through the aid, which would cover the removal of the asbestos cement and its subsequent treatment, the owner could receive around 30% of the cost if it were a small company and 12% in the case of a large company”.

The other line of aid, aimed at companies in the Balearic Islands, has a budget of 10 million euros divided into two annual instalments of 3 million in 2024 and 7 million in 2025.

Its beneficiaries, small and medium-sized enterprises on the islands, will be able to access the call through two eligible incentive programmes: projects for self-consumption installations with or without electricity storage through renewable energy sources or energy efficiency projects for lighting installations inside existing buildings.