Public subsidies

The Plan for Renewable Energies in Spain assigned 348M€ for the period 2005 to 2010 to subsidize private investments in thermal solar energy installations. The corresponding budget is annually distributed by the local Government of each region.

Malaga belongs to the region of Andalusia, where last year’s subsidy reached up to 50% of the solar field’s installation cost, as shown in the graphics below. The possibility of obtaining a public subsidy for the installation was considered in the analysis, individually and combined with other economic saving to reflect its effect on the viability of the system.