Spanish energy sourcing platform Fortia Energia has signed a 10-year power purchase agreement (PPA) with Norwegian renewables firm Statkraft for power supply to large industrial customers in Spain and Portugal, mainly from Statkraft's wind and solar portfolio.
Cepsa and Masdar, the Abu Dhabi Future Energy Company, are to partner on setting up renewable energy projects in Spain and Portugal, where Cepsa is planning 500-600MW of capacity over the next five years.
Aventron signs EPC contracts with Solarpack for 100MW of post-subsidy solar in Spain, EBRD and FMO back 30MW solar plant in Ukraine, NTPC gets investment approval for 160MW of solar in Uttar Pradesh.
Annual global PV installations in 2019 are expected to rise by 18%, reaching a generation capacity of 123GW on the year, according to the latest report released by IHS Markit.
Solaria, the only solar PV power producer trading in the Spanish Stock Exchange, has signed off on a seven-year, power purchase agreement with Spanish oil company Repsol for a contracted power of 50MW.
Enel Green Power España, Spanish power firm Endesa's renewable energy division, has begun construction of three solar PV plants with an overall capacity of around 126.8MW in the Province of Badajoz, in the Spanish region of Extremadura.
Lightsource BP has moved into the Iberian energy market and plans to work with local partners to purchase and co-develop utility-scale ground-mount solar sites as well as to create a greenfield pipeline of solar projects across the Iberian Peninsula.
