As Europe's second-largest producer of solar and wind power, Spain is committed to achieving carbon neutrality by 2050 and drastically increasing its production of renewable energy by 2030.
This strategy is reinforced by Spain’s favorable climate and infrastructure conditions as well as national and international investments funds being allocated to successfully reach Spain’s climate neutrality goal, such as the National Recovery and Resilience Plan (NRRP). Offshore wind investments are currently prioritized together with technical investments for photovoltaic cells and modules, green hydrogen, and the manufacturing of cathodes for energy storage.
This situation presents an opportunity for collaboration between Swedish companies and strategic public and private projects in Spain. Sweden can provide expertise and resources in engineering, materials, components, and specialized knowledge for renewable energy and grid development, which can significantly contribute to Spain’s green energy transition.
Business Sweden can help Swedish companies capture market potential in Spain’s energy market, by providing strategic advice, stakeholder engagement, sales execution, and operational support. Business Sweden will shorten time to market, find new revenue streams, and lower risks for international investments.