U.K.-based Foresight will sell electricity from two 5 MW solar plants near Toledo to a unit of French steel manufacturer ArcelorMittal. The financial terms of the deal were not disclosed.
Some 328,000 single-family homes could install rooftop PV systems for self-consumption in Spain, according to a new report published by Solarwatt. This means the country has the potential to deploy around 1.5 GW of residential PV capacity over the next three years.
With the Spanish utility out of the game, there are now only three bidders still struggling to take over the PV project developer.
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.
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