Endesa subsidiary will invest €60m to build portfolio across Spanish archipelago after reaping support at territory’s 326MW-plus first solar tender in mid-October, backed with EU funds.
Islands in the EU can now benefit from a support mechanism for new renewable energy and energy efficiency projects, while island-focused secretariat visits Menorca and Italian islands.
Scheme open to installations of 100kW or more sees light weeks as Spanish archipelago works to add a 230MW PV pipeline to installed capacity of just 71MW.
The tax on solar self-consumption in the Balearic Islands of Spain has been doubled by a ministerial order, causing uproar from Spain’s PV industry association UNEF.
