The falling cost of PV has increasingly driven the adoption of solar technology in recent years. But for a long time, the solar industry was fully dependent on subsidies. German PV project developer BayWa r.e. made headlines in 2018 with its 175 MW Don Rodrigo plant just outside of Seville, in southern Spain. The company backed the array with a 15-year power purchase agreement (PPA), marking the first time a project of that size had been refinanced in Europe without the help of subsidies. It later charted new territory again with the completion of Germany’s first subsidy-free PV project in 2019.
The developer issued the appeal for developers to come forward on the peninsula after selling its second subsidy-free Spanish solar project. The seller did not reveal how much insurance company Talanx has paid for the Don Rodrigo 2 facility.
Following their first strike with the 175 MW Don Rodrigo plant near Seville, the two companies have done it again by signing a long-term power supply deal for subsidy-free PV. This time it is for a 50 MW site under construction.
At the Smarter E Europe, held in Munich this month, pv magazine hosted another Future PV Roundtable to discuss the possibilities of subsidy free solar projects. In all market segments solutions are at hand and representatives across the industry shared their insights with us.
The companies have entered a 15-year agreement for the plant, probably the first PPA for a project that size in Germany. Last week, EnBW said it was considering constructing a subsidy-free solar park in Brandenburg.
The capacity comprises three 40 MW sites. These PV plants are the last of seven that Enel was awarded in Spain’s third renewable energy auction, in mid-2017. Meanwhile, BayWa r.e. is close to finishing its 175 MW grid parity project in southern Spain, outside of any auctions and FIT schemes.
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