spain

Renewables developer Elawan Energy has closed a €760 million financing on a 1.3GW solar PV, wind and battery energy storage system (BESS) portfolio in Spain.

Speaking to PV Tech Premium, Renewabl CEO JP Cerda discusses how hourly matching is reshaping Europe’s corporate solar PPA market.

The Spanish Ministry of Ecological Transition (MITECO) has awarded more than €160 million (US$183 million) in funding to 40 clean energy manufacturing projects, three of which are for solar PV.

Sonnedix has received authorisation from Spain’s CNMC to operate as a licensed electricity trading and supply company in the country.

The deployment of renewable energy capacity in Spain has driven a decoupling from volatile global gas prices, resulting in a 19% reduction in consumer electricity bills.

UAE state-owned renewables developer Masdar has acquired a 49.99% stake in a 705MW operational renewables portfolio in Spain from oil major Repsol.

French utility Engie will invest close to €100 million (US$114 million) in a 155MW solar PV project at its Castelnou power station. 

Independent power producer Sonnedix has reached financial close on a 102MW solar PV portfolio in Spain and Italy.

French solar module recycling company ROSI has announced plans to open a new facility in Spain.

Prospective solar wafer manufacturer Sunwafe has appointed a new CEO and secured permits for a 30-hectare site in northern Spain, in efforts to establish Europe’s “first” large-scale, 20GW silicon ingot and wafer production facility.