Spain wants 100% renewable electricity by 2050 as part of climate change strategy

The Law on Climatic Change being prepared by the Spanish government provides greenhouse gas emissions be reduced by 20% compared to 1990 levels in 2030, and that the electric system has 70% generation from renewable energy sources. By 2050, the targets will be raised to 90% and 100%, respectively.


Nothing can stop Spain’s solar train now

At an event held in Madrid this week, the Spanish solar sector made it clear that it is more than ready to achieve the government’s renewable energy targets, which include 50 to 60 GW of new PV capacity by 2030. The sector is experiencing a rebirth.


Solarpack plans to launch €100 million IPO

The Spanish developer said that funds from the IPO will be primarily invested in the execution of its 510 MW PV project pipeline.

China may raise 2020 solar target to more than 200 GW

The target of 105 GW of cumulative installed photovoltaic power, which was originally set for the end of the decade, has already been surpassed. PV Info Link says the 2020 solar target may now be revised upwards to 210-270 GW.


Naturgy finances Brazilian PV projects through $71.5m bond issuance

The Spanish gas and power provider will use the funds to build the Sertão I Solar and Sobral I Solar projects, with a combined capacity of 68 MW.

Enel begins construction on 127 MW of PV in Spain

Construction has begun on three solar plants in the Extremadura region, with a total capacity of 127 MW. The projects – expected to be in operation by the end of 2019 – were awarded to Enel in Spain’s third renewables auction, and involve a total investment of close to €100 million.

Another solar PPA announced in Spain

Energy company Iberdrola will supply power to telecoms business Euskatel. The electricity will be generated by the 391 MW Núñez de Balboa solar plant the company is building in southern Spain, for which Iberdrola secured a first PPA last summer.


Spain may introduce additional measures to support self-consumption

A few days after the Spanish government introduced new rules for self-consumption and canceled the solar tax, the Spanish Parliament is now reviewing new provisions to reduce the time frame of the registration for a project under the self-consumption regime, while also simplifying bureaucratic procedures.

Encavis buys 80% stake in 300 MW solar project in southern Spain

The Talayuela plant will be built by British developer Solarcentury in the region of Extremadura and will sell electricity under a PPA contract.

Farewell to Spain’s solar tax

The Spanish Cabinet has approved a royal decree, which introduces a package of urgent measures to boost the country’s energy transition. It includes the already announced elimination of the “sun tax”, and other important measures, such as compliance with renewable energy objectives, electric vehicle adoption, reduced electricity prices, a social bonus for heating, consumer protection measures, and the extension of an electric social bond.


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