#52026AS121547Authorization for State aid for zero-emission industrial technologies
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This law authorizes a state aid scheme in Spain, specifically in the Catalonia region, aimed at supporting the manufacturing of products and components related to zero-emission technologies. The aid is designed to promote environmental protection and sectorial development by providing direct grants to eligible companies. With an overall budget of €50 million, the scheme aims to enhance sustainable industrial practices and innovation in various economic sectors.
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Key Changes
- Introduction of a new aid scheme for zero-emission technologies
- Overall budget of €50 million allocated
- Direct grants provided to eligible entities
Obligations
What this law requires
The granting authority (Jordi Carbonell Pastor, Barcelona) must administer the aid scheme in accordance with the Draft Order approving the regulatory provisions governing the aid scheme for the manufacture of products and components of zero-emission industrial technologies.
The aid scheme must comply with Articles 107 and 108 of the Treaty on the Functioning of the European Union regarding state aid authorization.
Aid distribution must not exceed the overall budget of €50,000,000 EUR for the entire scheme duration.
Aid distribution must not exceed the annual budget of €10,000,000 EUR per calendar year.
The aid scheme must cease operations on or before 31.12.2030.