spain

EDP will focus on North America to ramp up its solar capacity in the next five years as part of a new strategic update that will see the Portuguese utility target more than 50GW of renewables additions by 2030.

Soltec recorded a €4.9 million (US$6 million) loss last year as the coronavirus pandemic caused projects delays and an increase in costs for the Spanish solar tracker manufacturer.

Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.

Italian oil major Eni has made its first renewables investment in Spain, securing a deal to acquire three PV projects from local developer X-Elio.

A proposed joint venture (JV) between renewables firm Acciona and US hydrogen fuel cell maker Plug Power will invest more than €2 billion (US$2.41 billion) to develop a green hydrogen platform in Spain and Portugal.

Solar developers including Falck Renewables and Qair are among the 30 founding members of a new coalition that aims to deliver green hydrogen at the same price as fossil fuel-produced H2 this decade.

Lightsource BP has added another 845MW to its solar development pipeline by acquiring a PV project portfolio from local developer Iberia Solar.

Spain can be the global leader in producing green hydrogen thanks to its high levels of irradiation and available space for developing new PV projects, it has been suggested during the Solar Finance & Investment Europe 2021 online event.

Enel Green Power has begun a new programme to explore how to successfully integrate arable and pastoral farming activities alongside large-scale solar PV projects.

Spanish utility Endesa is planning to develop 23 green hydrogen projects in Spain that will be powered by almost 2GW of solar and wind capacity.