Rising domestic demand for solar helped Spain reach 596MW of new self-consumption PV installations last year, according to data from trade association UNEF.
Solar PV bidders secured two-thirds of allocated capacity in the first of Spain’s new renewable energy auctions, which was held yesterday (26 January) and was more than three times oversubscribed.
The rapid scale-up of solar capacity in the European Union drove the growth of renewable electricity generation, which overtook that of fossil fuels for the first time last year.
Iberdrola has signed a power purchase agreement (PPA) to sell electricity from what is claims will be Europe’s largest PV plant to French food group Danone.
European Union funding has been secured for a floating solar pilot project in Spain to explore how the technology performs in challenging sea conditions.
Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers.
Lightsource BP has announced its largest European acquisition to date, purchasing a 1,060MW solar project portfolio in Spain from developer RIC Energy.
PV developer Solaria has signed a power purchase agreement (PPA) with Shell Energy Europe for six solar plants in Spain that have a combined capacity of 300MW.
