Balearic Islands to be powered by renewable energy in 2050
The Balearic parliament is today set to approve the Law on Climate Change and Energy Transition that includes, among other measures, an obligation to incorporate PV panels in car parks and new buildings. The bill also mandates the closure of all polluting power plants from next year and a prohibition of diesel vehicles from 2025, and petrol engines from 2035.
World’s largest private solar PPA signed in Iberia
Audax Renovables has signed an agreement with Welink under which the Spanish company will buy – for 20 years at a fixed price – the energy produced by solar facilities with a total 708 MW of generation capacity that Welink will develop in Spain and Portugal. German group Allianz will buy the solar plants after completion.
Repsol or Iberdrola could be the new owner of Spanish developer X-Elio
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
Spain hits 5 GW milestone
Approximately 261.7 MW of new PV systems were deployed in the country last year, according to provisional numbers from solar energy association UNEF. Once again, rooftop PV for self-consumption drove demand, although 26 MW of ground-mounted solar parks were connected in 2018.
Spain unveils new provisions for self-consumption regulation
The Spanish government has proposed a Royal Decree with new self-consumption regulation which is expected to be approved in March or April. According to the new rules, power surpluses may be shared with other consumers or fed to the grid.
Innogy builds unsubsidized 50 MW solar park in Spain
The German company acquired the rights to build the plant from Synergia Energy Solutions. The Alarcos solar park will be in the municipalities of Ciudad Real and Poblete. Work is expected to begin in April, with grid-connection this year.
Solar will rebound this year with more than 100 GW of new capacity
Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.
Univergy to install 400 MW of solar in northwestern Spain
The Spanish-Japanese developer wants to build two plants in the municipalities of Grijota and Herrera de Pisuerga, in the province of Palencia.
Cepsa and Masdar ink agreement for 600 MW of renewables in Iberia
The energy companies have signed a partnership agreement to expand their portfolios on the Iberian peninsula. Spain and Portugal have ambitious decarbonization plans requiring large capacities of renewable energy resources in the years to come. Spain’s PV market could reach 6 GW this year.
Luxcara acquires 121 MW solar project in southern Spain
The construction of the Guillena-Salteras plant in Seville will begin shortly, with completion scheduled for the second quarter of 2020.
