The Big Picture

Spain’s 100% renewable energy goal: How its startup ecosystem is rising to the challenge

  • Spain
  • 10 min read
  • Jun 02, 2020
  • By Emanuela Ferraro

Image: Shutterstock

Energy majors and public entities are backing renewable energy startups in the country's bet on the Green Economy

Given the current recession and economic uncertainties in Spain, big deal flows have virtually come to a halt. But one sector is holding up strong and continues to attract investments, across asset funds, large corporates and startups.
Spain's renewable energy sector is "booming," says an industry survey by online business media platform El Economista. Noting a slew of major investments closed in the sector despite the country being under Covid-19 lockdown since March 14, the report linked the sector's attractiveness to its predictability and boost from favorable regulatory conditions, as w...

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Edited by S. Mani, Bernice Tang

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