Spain is on track to install more than 4GW of utility-scale solar in 2022, a 25% increase on last year’s figures, according to José Donoso, head of the country’s PV association, UNEF.
Winning bidders from Portugal’s solar auctions will have their tariffs increased in line with inflation as the government aims to ensure the projects remain economically viable.
Despite an initial selection of 15 bidders, Chile’s latest power auction awarded only two companies contracts, with 777GWh of solar PV co-located with energy storage and wind secured.
Spain has started the process to celebrate a fourth round of renewables auction in November with 1.8GW of solar capacity to accelerate its electrification.