In many European countries, including Spain, legislation encourages the production of electrical energy through cogeneration and from renewable or residual sources, such as biogas, biomass, organic waste, solar thermal or photovoltaic energy, wind energy, geothermal energy and hydraulic energy.
For this type of plants, a regulated tariff is established for the sale of electricity produced and a period in which the regulated tariff is received. The return on investment in these projects is very attractive compared to their low risk. The strength of the projects facilitates the obtaining of funds of the financial entities and the own funds can be reduced also by means of subordinated debt of third parties.
Novatec is specialized in energy production projects from renewable sources, with high efficiency energy generation, such as cogeneration and environmental protection, such as water purification or waste treatment.