spain

The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.

The average price of a solar PPA signed in Europe in the second quarter of 2026 reached US$74.85/MWh, according to LevelTen Energy.

Iberdrola has reported net profits of US$4.9 billion in the first half of 2026, following its divestment from its Mexican operations.

For the first month ever, solar PV has made up 25% of monthly electricity generation across the European Union in June 2026.

Renewables developer Elawan Energy has closed a €760 million financing on a 1.3GW solar PV, wind and battery energy storage system (BESS) portfolio in Spain.

Speaking to PV Tech Premium, Renewabl CEO JP Cerda discusses how hourly matching is reshaping Europe’s corporate solar PPA market.

The Spanish Ministry of Ecological Transition (MITECO) has awarded more than €160 million (US$183 million) in funding to 40 clean energy manufacturing projects, three of which are for solar PV.

Sonnedix has received authorisation from Spain’s CNMC to operate as a licensed electricity trading and supply company in the country.

The deployment of renewable energy capacity in Spain has driven a decoupling from volatile global gas prices, resulting in a 19% reduction in consumer electricity bills.

UAE state-owned renewables developer Masdar has acquired a 49.99% stake in a 705MW operational renewables portfolio in Spain from oil major Repsol.