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.
Questions have been raised about the need for Spain to roll out a new renewables auction mechanism to drive up PV installation rates and meet its 2030 green energy targets.
Spanish utility Iberdrola aims to accelerate the production of green hydrogen after signing an agreement with Norwegian company Nel and creating a new venture dedicated to the installation and maintenance of electrolyser plants.
Utility firm OVO Energy has enlisted battery storage provider sonnen to launch a home solar-storage offering in Spain with the aim of easing grid constraints in the country.
Solar developer Lightsource bp has once again turned to Array Technologies for its solar tracker procurement, purchasing 1.4GW worth of the supplier’s DuraTrack HZ v3 single-axis trackers.
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.
Iberdrola is set to double its renewables capacity by 2025 through a €75 billion (US$88.9 billion) investment package that sees the Spanish utility seek to take advantage of the “global energy revolution” and reach carbon neutrality in ten years.
A round-up of the latest news in solar project development, as R.Power receives financing for a 183MWp portfolio, BayWa r.e. sells another Spanish project and Sungrow secures a UK inverter supply deal.
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.
