The level of investment and growth in renewable energy in Spain is incredible. There is strong commitment from the government to develop and the business opportunities are unlimited. The wind power energy market in Spain will grow this year by almost 50% in terms of sales to more than 3,100 million Euros and to an installed power of almost 16.000 megawatts (13,800 in 2007: a growth rate of 13.75%). The business in solar-photovoltaic and thermoelectric-energy will reach 470 million euros, which means an increase of 125%. In 2008, the sales of both kinds of energies will generate a business of more than 3,600 million Euros, 55% more than in 2007.
The significant industrial make up of the Basque economy points to the prime importance of the energy sector as the driving force behind investment and competitiveness. The Basque region has invested over €4 billion in combined-cycle power plants, cogeneration, and a variety of renewable energy sources with its aim to treble its electricity generation.
Bilbao is also a centre for innovation and technology with a twenty-fold increase in investment in R&D activities over the last 20 years.
For those who haven’t visited this vibrant and welcoming city, you will find a professional business environment that is easy to reach, ideal for networking and we feel truly inspiring.