The power company has reportedly moved to expand its Iberian solar portfolio to a huge 1.7 GW with the latest deal, signed with Trina Solar and related to projects planned for the south and east of Spain.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
A report commissioned by the European Climate Foundation suggests a fossil fuel-free energy system in Europe by 2050 should largely rely on smart electrification and energy efficiency. Green hydrogen deployment, the report finds, would require prohibitively expensive infrastructure investment.
On Thursday, PV conference organizer Solarplaza and Spanish solar association UNEF will host the Solar Market Parity conference in Madrid. pv magazine’s Pilar Sánchez Molina will participate in the Vision of the future: Spain in 2030 panel.
Spain’s most important renewable energy fair is becoming increasingly about solar. After a decade of slim pickings, last year’s event promised better times and, if this year’s show didn’t completely deliver, that’s because elections loom large.
With Europe set to return to solar power levels last seen during the PV boom seven years ago, a wave of mergers and acquisitions is taking place as the oil and gas majors splash the cash to buy the expertise needed to participate in PV’s new dawn.
The French home improvement and gardening retailer has stolen a march on Ikea by offering PV panels and other renewable energy products in Spain.
Analysts at PV InfoLink said the number of markets open to new technologies such as half-cut and shingled panels is constantly rising. Australia, Japan, Spain, the UAE and Brazil were cited as the hottest markets for Chinese “special modules”. Total annual production in China for half-cut modules, which are set to increase their market share this year, should reach around 20 GW.
Catalan independence protests notwithstanding, the Spanish government’s Council of Ministers is today set to approve “three essential pillars” of its climate change policy: the preliminary draft of the Climate Change Law, the Integrated National Energy and Climate Plan 2021-2030 and the Fair Transition Strategy, to “allow Spain to have a stable, predictable and accurate framework for the decarbonization of its economy by 2050”. The measures, said president Pedro Sánchez, could generate 300,000 jobs.
Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in system prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun.
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