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.
Winning bidders from Portugal’s 2019 solar auction have been given more time to complete project licensing, the country’s environment ministry has confirmed to PV Tech.
Lightsource BP has said it won more than 40% of the total awarded capacity in Greece’s renewables auction last week through a co-development partnership, increasing its global presence to 14 countries.
Solar PV bidders picked up all the available 350MW of capacity in Greece’s latest renewables auction, which took place on 24 May and closed with lower prices than the country's previous tenders.
BP-backed renewables group Lightsource BP is set to invest €900 million (US$1.1 billion) in solar company INSUN to fund the development of five utility-scale solar projects across Portugal.
The first of Spain’s new clean energy auctions is set to take place next month, with the country’s government allocating a total of 3GW of renewables capacity.
Q CELLS has secured development rights for ten Spanish solar projects as it moves forward with plans to deliver a multi-gigawatt PV portfolio in the Iberian Peninsula.
Spain has approved a new framework for carrying out clean energy auctions with the first set to go ahead by the end of the year, as the country looks to install around 60GW of renewables by 2030.
Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables investor Q-Energy.
