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The weekend read: Plenty to go around

At the end of May 2018, events in Spanish politics took a turn without precedent since the country embraced democracy: a motion of censure against the conservative PP (Partido Popular) by an all-but unified opposition received 180 votes in favour, 169 votes against, and 1 abstention. Pedro Sánchez, leader of the socialist PSOE (Partido Socialista Obrero Español), took up the post of Prime Minister that Mariano Rajoy had held for the previous six years. For the PV sector, the change could not have come too soon.

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Solarpack buys 43 MW of solar generation capacity in Peru

The Spanish developer has acquired the Tacna Solar and Panamericana Solar projects which it developed and built for X-Elio in 2012.

Spain’s Audax to build 320 MW of PV plant capacity

After signing multiple PPAs for big solar projects in the Iberian peninsula as a buyer of electricity, the Spanish utility has announced it intends sell power from its own solar facilities. The planned PV plant portfolio will be spread across Andalucía, Castilla la Mancha and Murcia.

Spain’s Balearic Islands to host 10 MW hydrogen project

The green hydrogen production plant planned for the Lloseta industrial area will be a pioneer project for Spain and Europe, say regional government officials, and is scheduled to start operating from 2021.

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Sungrow secures 400 MW inverter deal in Chile’s largest project

The Chinese manufacturer has signed an agreement with Enel Green Power Chile to supply its 1500 Vdc central inverters to a PV plant at Copiapó, the largest to be built in the country to date.

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Region’s first utility scale solar-plus-storage project comes online in Mexico

Located in the town of La Paz, in Baja California Sur, the Aura Solar III plant has a generation capacity of 32 MW and includes a lithium-ion battery storage system with a capacity of 10.5 MW/7.0 MWh.

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Renewables may be the victor in Spanish election

Although it is still unclear how the victorious Socialist Party will build a majority in parliament, listed Spanish energy companies such as Solaria and Audax saw the price of their shares rise significantly after the vote.

Tenerife plans 350 MW of solar alongside 1 GWh storage

A new project is in line with the target of the Island Council of Tenerife to cover all electricity demand with renewable energy. The development of electromobility and storage is key to the ambition.

Spain’s new rules for self-consumption come into force

The provisions allow self-consumption for communities and industrial areas; reduce administrative procedures – especially for small self-consumers; and establish a simplified mechanism for the compensation of self-produced excess energy.

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Fotowatio could be sold

According to Spanish financial newspaper Cinco Días, UAE-based Abdul Latif Jameel Energy is trying to sell Spanish developer Fotowatio Renewable Ventures (FRV), which it acquired just four years ago. Although FRV has decided not to comment on the matter, market sources believe that reports of its impending sale could simply be an attempt to gauge investor appetite.

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