Green Yachts

Subsidies for the decarbonization of the nautical sector of the Balearic Islands

Take advantage of this opportunity to convert your boat into a hybrid or electric motor.

Request them before October 31, contacting us through this form; we help you with the process.

On December 10, 2022, the public call for subsidies for the decarbonization of the nautical sector in the Balearic Islands was published in the BOIB, as part of the initiatives contemplated in the Investment Plan for the Energy Transition of the Balearic Islands and the Recovery, Transformation and Resilience funded by the European Union (NextGenerationEU).

At Green Yacht, we offer you assistance in the application process for these grants. With an allocation of 15 million euros, applications can be submitted from December 15, and the term ends on June 30. Funds will be awarded on a first-come, first-served basis, until depleted.

Below are the most interesting eligible incentive programs:

 

program 2

 

Conversion of 6th and 7th list vessels to zero emissions

 

INTENSITY OF AID:

 

For natural persons without activity:

  • 70% for transformation (maximum amount €15,000)
  • 80% for technical documentation (maximum amount €5,000)
  • 80% for the installation of solar panels (maximum amount €3,000)

For physical and legal persons with activity:

  • 50% for transformation (maximum amount €12,000)
  • 80% for technical documentation (maximum amount €5,000)
  • 80% for the installation of solar panels (maximum amount €3,000)

ELIGIBLE ELEMENTS:

  • Conversion of vessels to zero emissions (up to 12 m)
  • Generation with solar or wind panels
  • Scrapping costs of the old boat
  • Project management and creation costs
  • VAT (if not compensated)

REQUIREMENTS:

  • Spanish flag in 6th or 7th list
  • Presentation of the project and technical report (calculation of CO2 reductions and waste management)

 


Program 4

 

Transformation of passenger transport vessels of a tourist or recreational nature and transport of goods

 

INTENSITY OF AID:

  • For small business: 65% of the investment.
  • For medium-sized companies: 55% of the investment
  • Maximum amount €500,000

ELIGIBLE ELEMENTS:

  • Conversion of vessels to zero emissions (up to 12m)
  • Conversion of vessels to zero emissions in port waters (more than 12 m)
  • Generation on board with solar or wind panels

REQUIREMENTS:

  • For vessels operating in the Balearic Islands with the Spanish flag
  • Present strategic plan

Write to us and we will contact you to advise you and help you with the process!