New Cohesion Policy - Spain
"Since accession in 1986, the EU funds have contributed to transform Spain, for example by supporting technological parks like those of Malaga or Bilbao, by upgrading infrastructures and by revitalising cities. I am looking forward to the upcoming debate on 21 June at the Ministry of Finance on how our Funds for 2021-2027 can keep on supporting Spain in evolving towards an improved economic model." Commissioner for Regional Policy Corina Creţu
Santander Environmental Hydraulics Institute
Spain has a huge potential when it comes to renewable energy, but it lacked the appropriate facilities.
To resolve this paradox, the facility, co-funded by EU cohesion policy in Santander, provided a boost to coastal and offshore engineering research that is of strategic importance in developing Spain’s renewable energy industry.
To advance research and provide opportunities for the development of renewable energy sources, the project has provided enough space to install a large indoor wave, current and wind simulator at the Institute in Santander, Spain.
Thus far the project has created 135 new jobs, of which 49 are permanent.