The Balearic government is firmly committed to the energy transition. It is therefore providing its residents with multiple financial aid options to help them transition toward a greener, more renewable world.
In this post, we’ll discuss the 2022 FOTOPAR grant, which is aimed at individuals and homeowners’ associations for photovoltaic and micro-wind power installations for self-consumption.
What does it consist of?
This grant provides financial assistance for photovoltaic solar energy installations of up to 5 kWp and micro-wind turbine installations of up to 5 kW of power for individuals. It also subsidizes lithium-ion batteries with a storage capacity of 30 kWh for off-grid installations.
However, they offer more assistance to homeowner associations, subsidizing up to 100 kWp for photovoltaic energy and 10 kW for micro-wind energy.
How much aid can I receive?
The financial aid they offer is similar to that provided by the NextG grant.
Photovoltaic installation:
BENEFICIARY | POWER | AID |
Natural persons | P ≤ 5kWp | 600 €/kWp |
Communities of owners | P ≤ 10kWp | 700 €/kWp |
Communities of owners | 10kWp < P ≤ 100 kWp | 450 €/kWp |
Microwind installations:
BENEFICIARY | POWER | AID |
Natural persons | P ≤ 5kWp | 2900€/kWp |
Community of owners | P ≤ 10 kWp | 3500 €/kWp |
Storage for isolated installations
BENEFICIARY | POWER STORAGE | AID |
Personas físicas | C ≤ 10kWh | 490€/kW |
Personas físicas | 10kWh < C ≤ 30 kWh | 350€/kW |
If you’re interested in learning more about other grants or would like to discuss your options with a MASRED Engineering professional, please don’t hesitate to contact us without obligation. We look forward to hearing from you!