Spain

While tariffs may inhibit India’s ability to benefit from anticipated record low Chinese panel prices, Japan already has a strong pipeline and two of the world’s solar pioneers – Spain and Italy – could be given a shot in the arm by new administrations.

Greece-based Metka has signed an engineering, procurement and construction (EPC) contract for the development of the 300 MW Talasol solar PV farm, in Spain.

The Italian solar developer will provide inverters through its unit Elettronica Santerno.

Solaria Energía y Medio Ambiente, S. A. has announced a global solar PV project pipeline of 2.3 GW, 1.3 GW of which will be deployed in Spain. Construction work is set to begin this year.

Genera 2018, held this June 13 to 15 in Madrid, Spain, set the scene for a market that is once again on track to become Europe’s solar leader. This year, reflecting this positive progress, the Spanish renewable energy fair saw the share of solar exhibitors increase over previous years. While this transition year is not expected to record strong solar growth, 2019 could realistically see the installation of 3 GW. Read on to discover the four key takeaways from this year’s event.

The EU Commission, Council and Parliament have been in trialogue negotiations to broker a deal on the revised Renewable Energy Directive (REDII), the first version of which was adopted in 2009. By 3:30am this morning, a deal was finally brokered and legislative processes for official adoption are now just a formality

With her first official announcement, Spain’s incoming Minister of Ecological Transition, Teresa Ribera has made it clear that the previous government’s reviled tax on distributed generation array, the so-called ‘sun tax’ will be eliminated. At the same time, she has confirmed her support for more ambitious EU renewable energy targets.

After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.

The Spanish power provider developed the pilot project with the Institut de Recerca en Energia de Catalunya and German spin-off Ineratec. Meanwhile, the European Power to Gas Platform has issued a paper demanding more regulatory certainty for power-to-gas, and to include it as an alternative in the cost-benefit analysis for grid extensions.

A loan of $64 million was awarded by French development bank Proparco and Dutch peer FMO. The facility will deliver electricity to the Jamaica Public Service Company Limited at a price of $85/MWh over 20 years.