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Global solar additions to hit 310 GW in 2024, says IEA

The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.

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Spanish PV market exposed to over-investment risk by 2030

New data from Afry Management Consulting suggests that Spain’s solar power producers could face prices below €20/MWh before 2030 if renewable penetration continues to increase. Such low prices would render power purchase agreements (PPAs) and merchant projects unprofitable.

PV system collapses on roof of sports facility in Spain

The mayor of Bilbao, Spain, has attributed the recent collapse of a local sports center’s roof to heavy rains and the presence of numerous solar panels, according to local news outlets.

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Madrid to generate green hydrogen using recycled water, PV, biogas

Madrid will open Spain’s first plant to produce green hydrogen from recycled water in 2024. The facility, situated at a water treatment plant, will use electrolysis to simultaneously extract oxygen and purify water.

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Acciona finishes PV-powered irrigation system without batteries

Acciona has completed a 1.5 MW solar plant that powers an irrigation system covering 3,400 hectares in northeastern Spain, serving 150 irrigators. The company will supply water to local farmers under a 26-year contract.

Soltec’s new bifacial tracking algorithm

Soltec says its new algorithm optimizes tracker positioning by considering both frontal and rear radiation, resulting in a production increase of up to 0.30%.

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Spanish government devotes €600 million to solar-powered desalination

State-owned company Sociedad Estatal de Aguas de las Cuencas Mediterráneas (Acuamed) will soon launch tenders for solar-powered desalination projects in Spain.

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Key takeaways from Solar + Storage España

RE+ held the Solar + Storage España event in Barcelona on May 10 and 11, in collaboration with pv magazine. Our team of editors curated and hosted the two-day “Sun of Spain to Lead Europe” conference.

New platform to purchase and sell PV, wind projects in Spain

NTeaser is a new platform that connects developers and investors to sell renewable energy projects and assets without intermediaries.

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Solar for microbreweries

Spanish researchers have studied the potential of rooftop PV in microbreweries and have found that solar could cut the cost of heating and refrigeration by nearly 30%. They say that coupling PV with small breweries could result in payback times ranging from 4.3 to 6.6 years.

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