Spain loses its first renewable energy case in international courts
Spain must pay €128 million for cuts to compensation for concentrating solar power (CSP) plants as ordered by the World Bank’s ICSID, where many other cases for investors in solar PV and other renewable energy projects are pending.
Ellomay acquires 300 MW PV project in southern Spain
The Israeli investment firm agreed to acquire a special purpose vehicle owning a 300 MW PV project in the southern Spanish region of Extremadura.
Spain’s 3 GW renewable energy auction to be held on May 17
The Spanish government has published the auction timeline and the amount of capacity it intends to allocate. Several renewable energy technologies will compete in the tender.
Sonnedix finalizes acquisition for 136 MW of Spanish solar capacity
The independent power producer is now the owner of the Vela Portfolio, which amounts to 136 MW of solar PV capacity across 43 Spanish sites, and has been sold by Centerbridge Partners.
Spain installed PV systems totaling 55 MW in 2016
In 2016, Spain’s solar development was driven by grid-connected PV systems for self-consumption and stand-alone systems for agricultural use.
Sonnedix to buy 136 MW of utility-scale solar in Spain
Independent solar power producer Sonnedix has continued its flurry of activity into 2017 with an agreement to purchase 136 MW of operational solar power plants from Centerbridge Partners in Spain, which will see its global capacity reach almost 500 MW.
Spain to host a renewable energy auction of up to 3 GW in Q1 2017
The winning projects must be operational by 31 December 2019.
Third quarter solar installations fall 10% year-on-year across Europe, data shows
Update from SolarPower Europe reveals that the continent installed 1.56 GW in the months from June to September, a 10% decline on Q3 2015. First nine months of the year saw 5.3 GW installed, a decline of 18%.
Spain’s link to France boosts intermittent power
Spain and France have interconnected a new grid line that doubles the electricity exchange between the two countries. With a power capacity of 2 GW and capable of reversing the direction of flow of the energy exchanges between Spain and France in just 50 milliseconds, the new line is expected to boost renewable energy.
Spain to link Mallorca, Ibiza
Spanish electricity grid operator Red Eléctrica de España (REE) announced on Wednesday the construction of a 126-kilometer long cable interconnecting the Balearic Islands of Mallorca and Ibiza. The project can potentially benefit PV, which now lags behind in the sun-washed islands of the Mediterranean Sea, but this will require time.
