Beleaguered Spanish renewables firm Abengoa has received US court approval to exit its Chapter 11 bankruptcy, according to court records filed on Wednesday.
Spain’s new energy minister has confirmed plans for a much-anticipated 3GW of renewable auctions, but concerns remain over the parameters of the tenders.
Four European countries have signed a joint agreement to establish a roadmap for exchanging electricity from renewable sources between Morocco and Europe.
Twins are now running Spain’s energy ministry with the surprise appointment of Alvaro Nadal as the new Spanish energy minister over his brother Alberto Nadal.
Spain’s new minority government is set to herald a new wave of gigawatt-scale renewable tenders and its lack of majority may even lead to the lifting of a controversial ‘Sun Tax’ on solar self-consumption.
There is a need for a pan-European investor-state dispute settlement mechanism, to give the solar industry a unified legal body to help it fight retroactive cuts and other policy U-turns across the continent, according to a European trade group.
A 333MW PV plant is apparently set to be constructed by local PV company Andaltia in Lorca, Spain, requiring an investment of €400 million (US$454 million), according to the town's official website and local news outlets.
Spain’s Supreme Court has ruled against appeals claiming that the Popular Party’s cutbacks on the feed-in-tariff (FiTs) for solar in 2013 and 2014 were retroactive.
