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Debt financing the main obstacle to PV during Covid-19 crisis

Industry body SolarPower Europe hosted a webinar to consider how the global public health crisis will affect solar. While workers and materials are still available, industry experts are concerned about the state of the financial sector. Banks could become more conservative and raise the cost of capital for renewables projects.

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EU Climate Law dubbed a ‘surrender’ by Thunberg and a ‘disappointment’ by trade bodies and politicians

European Parliament groupings, renewable energy associations and climate activists have voiced disappointment at the EU Climate Law officially unveiled yesterday. Lack of a raised emission-reduction ambition to 2030 is at the heart of the opposition, with critics saying the plan will be insufficient to help prevent global temperatures rising more than 1.5 degrees Celsius.

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Spain’s Genera event dominated by PV as it draws the crowds

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.

“Spain is the hottest PPA market in the world, but auctions are necessary”

That was the one of the main conclusions reached among 400 attendees at the Solar plants in Spain: development, financing and energy future conference, organized by Soltec and PV association UNEF in Madrid this week.

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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.

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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.

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Global Solar Council announces new board, mission

The Global Solar Council (GSC) held its general assembly at last week’s Solar Power International (SPI) in California, where it announced new board members and said it will work towards crafting a unified message for the solar industry. All five working committees of the council are expected to contribute to this new task.

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The rebirth of Spain’s solar sector: 135 MW of new PV systems installed in 2017

While expecting the deployment of several GWs, which were allocated in this year’s auction, Spain’s solar demand grew by 145% last year. Most of the 135 MW installed last year comes from self-consumption and off-grid projects.

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Spanish PV could go merchant but market must change

José Donoso, the president of Madrid-based solar association UNEF, recently spoke to pv magazine about Spain’s latest renewable energy auction, under which 3.9 GW of solar was allocated. He also talked about the spot market, private PPAs and the ways in which future auctions can facilitate the further development of large-scale solar.

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Spain installed PV systems totaling 55 MW in 2016

In 2016, Spain’s solar development was driven by grid-connected PV systems for self-consumption and stand-alone systems for agricultural use.

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