Consolidation is coming to Spain’s red-hot solar market, but in a post-subsidy world the landing will be relatively soft. The Spanish solar market is red hot. It’s hard to think of any solar market generating so much interest in the absence of a generous subsidy package. The bulk of this speculation is built on the […]
Spain Grid-Connects More Solar in 2019 Than Last Decade Combined
The Spanish solar market has reawakened, but not every project with a grid-connection approval will get built. Spain has connected more solar to its grid in the first nine months of 2019 than the last 10 years put together. Data released by grid operator Red Eléctrica de España (REE) shows that around 1,541 megawatts of […]
Spain: Investment Plan for Europe – EIB provides EUR 200m to support clean urban transport
The EU bank is making it possible to put 650 new, less polluting buses on the roads The funds aim to help improve air quality in Spanish cities The European Investment Bank (EIB) has provided almost EUR 200m to cut the polluting emissions produced by buses in Spain’s largest cities. The EU bank has been […]
Yingli Supplies 110MW of Solar Panels to Solaria for 3 Projects in Spain
BAODING, China: Yingli Green Energy Holding Company Limited (OTC Pink: YGEHY) (“Yingli” or “Yingli Solar”), one of the world’s leading solar panel manufacturers, today announced that its wholly owned subsidiary, Yingli Green Energy Europe, S.L. (“Yingli Europe”) has supplied 110 MW of polycrystalline solar panels to Solaria Energía y Medio Ambiente S.A. (“Solaria”). The panels […]
Spain Moves to Prevent a Second Solar Bubble
Grid-connection applications for solar projects are rising by 15 gigawatts a month in a country with 40 gigawatts of total peak power demand. Spain’s energy regulator is moving to tighten PV plant grid connection rules as the country heads toward a second solar development bubble. The National Commission on Markets and Competition (Comisión Nacional de […]
Spain: Climate action – EIB to finance construction of 21 wind farms
The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. They will be located in six autonomous communities, have a total installed capacity of 547 MW and will generate energy equivalent to the power use of 360 000 homes. The two entities signed the first phase of the operation: […]
EIB set to finance biggest wind power infrastructure projects in Spain
These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]
Spain struggles to regulate renewable energy gold rush
Spain plans to ramp up solar and wind energy and phase out nuclear and coal-fired power stations, creating incentives for speculators to pounce on the rights to a limited number of grid connection points MADRID: Spanish authorities fear that a speculative rush threatens to hold back the development of renewable energy, saying coveted rights to […]
Spain: EIB and ICO sign a green financing deal with IBERDROLA for the largest photovoltaic power plant under construction in Europe, in Extremadura
The EIB will provide EUR 145m and ICO up to EUR 140m to finance the Núñez de Balboa project The new installation will have a total power output of 500 MW and will come on line next year More than 1000 people will be employed at the plant during the construction phase The European Investment […]
WoodMac: Spanish ‘Gold Rush’ Helps Fuel New European Solar Boom
Subsidy-free projects, corporate deals, competitive tenders and green-minded politicians. Europe’s rebounding solar market has it all. Europe’s long solar winter has come to an end. After a multi-year period of depressed installations, Europe’s annual solar market is set to double over the next few years, and do so in a sustained manner, according to new […]