Third Funding Agreement for Renewable Energy Installations in the Canary Islands
Published: November 28, 2025|environment-and-sustainability|Gobierno de Canarias
Spanish Renewable Energy Project in Tenerife
Subsidy and Project Overview
- The Spanish government has approved a €3.25 million subsidy to Bess Development 5, S.L.
- This subsidy is part of the European Union's NextGenerationEU recovery plan.
- The project aims to support a major renewable energy initiative in Tenerife.
- Key element: installation of a 10 MW battery storage system in Arafo.
- Purpose: to improve the stability and flexibility of the island's power grid while advancing Spain's energy transition goals.
Project Details
- Includes a combination of underground and overhead electrical lines.
- Designed to minimize environmental impacts.
- Underwent extensive approval and public consultation processes.
Environmental Assessments
- Addressed potential impacts on biodiversity, heritage, and water resources.
- Recommendations include relocating infrastructure to avoid protected habitats.
- Conducting detailed impact studies on protected species like Hemicycla plicaria.
- Feedback from public and private stakeholders, including local authorities and infrastructure operators, led to adjustments in the project design.
Environmental Impact and Compliance
- The environmental impact is deemed manageable.
- Mitigation plans are in place for noise, electromagnetic fields, and construction-related disturbances.
- Alignment with territorial planning and sustainability criteria has been validated.
- Ensures compliance with regional and EU environmental standards.
Significance
- Marks a significant step toward Spain’s commitments to:
- Increase renewable energy capacity.
- Reduce greenhouse emissions.
- Promote energy sovereignty and resilience in the Canary Islands.