spain

Spanish utility Iberdrola has signed a financing agreement worth €1 billion (US$1.08 billion) with the European Investment Bank (EIB) to build 19 solar power plants and three onshore wind farms in Europe.

Swiss renewable energy developer Axpo has entered the Spanish PV market with a 200MW solar plant in the province of Castilla y León.

British-headquartered oil giant Shell has acquired 1.1GW worth of solar PV projects from Spanish solar generation company Isemaren.

Renewables company BayWa r.e has inked a deal with German bank Norddeutsche Landesbank (NORD/LB) to secure €32.5 million (US$34.7 million) for a 54.1MWp solar project in Spain.

France-based energy company TotalEnergies has received a positive environmental impact assessment (EIA) for 3GW of solar PV projects across Spain.

Renewables developer Sonnedix has signed a 10 year power purchase agreement (PPA) with US data company Equinix for 150MWp worth of solar PV.

Spanish utility Iberdrola has already begun construction or entered into operation 60% of its new capacity investments by 2025 at the end of the first quarter of 2023.

Renewables developer Ameresco has partnered with EPC contractor Sunel Group to bid on 1.5GWp of solar PV and battery energy storage system (BESS) project contracts across Europe.

The Ministry of Ecological Transition (MITECO) in Spain has published its proposal to regulate renewable communities in the country.

For the first time in two years, European solar power purchase agreements (PPAs) have dropped during the first quarter of 2023.