Reolum wins 46 megawatts of renewable energy in the third MITECO auction.

Madrid. October 26, 2022. Reolum, a company specializing in the promotion and development of renewable energy, has been awarded 46.1 MW in the third energy auction convened by the Ministry for Ecological Transition and the Demographic Challenge (MITECO), held yesterday. The award was for biomass technology and at a price of €106.25/MWh.

Renewable Energy Market in Spain

37% of the energy produced in Spain comes from renewable sources.
0.87% represents the value of the sector in the national GDP.
2 years to develop a project, from scratch or greenfield to financial close, compared to up to 9 years in France.