Law on Fiscal, Administrative and Social Measures

This Law (24/2001) offers corporate tax deductions for investments in renewable energy sources. Those investments that were originally for Royal Decree 1663/2000 have been incorporated into this Law. Eligible investments entitle firms to a 10% tax deduction in the case of investments in installations or equipment using solar power, biomass from agricultural or forestry waste, solid municipal waste and biofuels.These tax deductions are not applicable to wind power equipment or installations.

Want to know more about this policy ? Learn more