Subsidy terms

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To be eligible for a chunk of Spain's renewable energy budget of ESP 10.1 billion ($70.6 million) for 1997, wind projects must be no larger than 20 MW each. The budget, announced last month by Concha Canovas del Castillo, head of Spain's Institute for the Diversification and Conservation of Energy (IDAE), offers project subsidies of up to 40% of the entire investment, up to a limit of ESP 400 million.

In a bid to generate interest in building remotely sited wind farms, the IDAE says it will especially favour projects where access is difficult and the grid is weak. Other preferred projects include wind farms using 500 kW turbines with a maximum 3 MW ceiling, hybrid solar-wind stations, projects using 15 kW turbines and wind powered desalination plants.

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