Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.
Spain will carry out an auction this October for 3.3GW of solar PV and wind capacity as the country’s government aims to speed up renewables deployment in the face of soaring electricity bills.
Year-on-year price drops seen as lockdowns bring Spain and Italy to a halt could see investors tighten conditions for support to zero-subsidy plays, SolarPower Europe webinar hears.
