Only 530 MW of the 2.97 GW of renewable energy generation capacity contracted in the procurement exercise went to solar. Eleven solar projects were successful and their final electricity prices were far below those offered by competing technologies.
American John B. Goodenough, Brit Stanley Whittingham and Akira Yoshino, from Japan, will receive the Nobel Prize for Chemistry for developing the lithium-ion battery. A statement from the Royal Academy of Sciences of Sweden said the invention “laid the foundations of a society without wires and fossil fuels, and [they] are of great benefit to humanity”.
The project will be built near the Trillo substation, in the Castilla–La Mancha region and represents around 15% of the 3.3 GW solar project pipeline the company hopes to deploy in Iberia by the end of 2023.
The Spanish company plans to develop 66 solar and wind parks that will add 3 GW of renewable energy generation capacity in 50 municipalities near Teruel, Aragon over the next four years. Some 34 facilities will be solar plants that will add 1.3 GW as part of an investment of more than €2.4 billion.
Of the 38 new renewable energy projects that have been awarded, 13 are PV plants, representing 96.75 MW of capacity. The average price for solar was $57.58/MWh, and the minimum was $54.22/MWh.
The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.
At the end of May 2018, events in Spanish politics took a turn without precedent since the country embraced democracy: a motion of censure against the conservative PP (Partido Popular) by an all-but unified opposition received 180 votes in favour, 169 votes against, and 1 abstention. Pedro Sánchez, leader of the socialist PSOE (Partido Socialista Obrero Español), took up the post of Prime Minister that Mariano Rajoy had held for the previous six years. For the PV sector, the change could not have come too soon.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.