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  • Sonnedix Adds Twelve PV Plants to its Growing Spanish Portfolio

    /5th May 2018, Sonnedix/. Sonnedix, an independent solar power producer, is pleased to announce the acquisition of twelve photovoltaic plants in Spain prior to the close of 2017, with a total installed capacity of 46.7 MW. Sonnedix is the largest solar PV player in Spain, with an operating capacity in the country of 214.2 MW.

  • Iberdrola is Already Among the Key Market Players in the UK with the Acquisition of 800MW Solar Photovoltaic (PV) Projects

    Kazakhstan Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /LONDON, January 17, 2022, 9:15 GMT, Iberdrola, RENEWABLE MARKET WATCHTM/ Iberdrola, through its British subsidiary ScottishPower has signed two deals to acquire 17 solar photovoltaic (PV) projects in the UK, with a combined capacity of more than 800 MW. The contracts have been concluded separately with Elgin Energy, which owns 12 projects, and Lightsource BP, which controls the rest. Both companies are experienced developers with a long track record in renewable energy. The projects, across England, Scotland and Wales, are in advanced stages of development and will be operational by 2025 with a total investment of approximately £500 million (around €600 million). This portfolio of solar sites will add enough clean energy to power over 220,000 homes.

  • Lightsource BP Acquires Three Solar Photovoltaic (PV) Projects in Italy with a Capacity of 156 MWp

    /6th May 2021, Lightsource bp/ in Italy, Lightsource bp continues to boost its utility-scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and renewable energy. These projects cast light upon the two regions’ strategic roles for the development of RES in line with the national objectives of energy production and decarbonisation.

  • Lightsource bp and Portuguese Gas Utility Dourogas Formed a Green Hydrogen Joint Venture to Invest in Solar and Hydrogen Infrastructure in Portugal

    /LISBON, December 20, 2021, Lightsource bp/ Global solar developer Lightsource bp and Portuguese gas utility Dourogás have agreed a unique green hydrogen joint venture to invest in solar and hydrogen infrastructure in Portugal. The partnership will explore the potential of eight green hydrogen sites. As much as 200MWp of solar projects developed by Lightsource bp will power 130MW electrolysers, developed by Dourogás, that will convert water to green hydrogen and oxygen. 

  • R.Power to Receive a Syndicated Bank Loan of EUR 53 Million to Construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland

    /27th July 2021, RENEWABLE MARKET WATCHTM/ The well-established Polish solar project developer R.Power announced that it would receive a Syndicated Bank Loan of approximately EUR 53 Million to construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland. BNP Paribas Bank Polska and Santander Bank Polska signed the financing agreement with R.Power, and these two banks will split the loan amount equally. The company will use the loan to build seven solar photovoltaic (PV) power plants in Poland. These solar projects are part of the 299 MW portfolio that R.Power won on Polish RES auctions earlier this year.

  • Renaissance for Solar Photovoltaic (PV) Market in Spain

    CEE and SEE Countries Solar PV Market Outlook 2016 2025 Small

    /14th November 2018, RENEWABLE MARKET WATCHTM/ The European solar photovoltaic (PV) market passed through a transition period in the past few years from feed-in tariffs dominated. It is changing to a subsidy-free market driven by tenders and corporate power purchase agreements. Solar PV project developments in Europe are becoming less and less dependent on state incentive programs. They benefit from falling solar PV equipment costs, grid parity in Southern parts of Europe and emerging electricity prices for households and businesses. In 2017 European solar photovoltaic (PV) market scored 25 % growth compared to 2016. The advantages of net metering and self-consumption solar PV projects have also been supporting this growth. With the positive growth expectations for the European solar market, it is quite interesting to see the current situation in Spain as one of the leading solar markets in Europe in the past decade.

  • Self-Consumption Solar PV Systems Easier for Installation in Castilla-La Mancha Region of Spain Due to the Efforts of the Spanish Photovoltaic Union (UNEF)

    /9th March 2021, UNEF/ The Spanish Photovoltaic Union (UNEF) has managed to get Castilla-La Mancha to approve the adaptation of the regional urban planning laws regarding the self-consumption solar PV systems. These facilities are treated through prior communication, which considerably speeds up administrative processing. With this, it would already be more than half the Autonomous Communities that have eliminated this administrative barrier to self-consumption solar PV systems and, therefore, streamlined the approval processes.

  • Sonnedix Announces Non-Recourse Refinancing of Part of Spanish Portfolio

    Valuation of renewable energy projects small

    /13th June 2018, Sonnedix/ Sonnedix, an independent solar power producer is pleased to announce the non-recourse refinancing of a portfolio of 12 photovoltaic plants in Spain with a total installed capacity of 30.4MWp at a total value of EUR 140 million. The transaction was executed under the existing joint venture with Q-Energy, which manages the Vela Energy portfolio and co-led the bond issuance. Sonnedix is the largest solar PV power producer in Spain, with an operating capacity in the country of 214 MW. The refinancing is part of Sonnedix’s long-term commitment to the Spanish market and is in line with Sonnedix’s growth strategy in Europe. “With over Euros 1.5bn in assets acquired over the last 12 months, integration and optimization of our growing fleet is paramount to achieving operational excellence” commented Andreas Mustad, CEO of Sonnedix.

  • Spain Registered Another Great Year with 3.4 GW Installed New Solar Photovoltaic (PV) Capacity in 2020

    Kazakhstan Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /16th July 2021, UNEF/ The year 2020 was another historic year for the solar photovoltaic (PV) sector in Spain. In ground-mounted solar power plants, although installed capacity remained at 2.8 GWp and did not exceeded 4.2 GWp incorporated the previous year, it is important to underline all this new capacity was installed without any type of state aid or regulatory remuneration scheme. In the net metering and self-consumption solar PV sector, installed capacity increased by 596 MWp, a growth of 30% compared to the previous year. These numbers are showing the start of the new era for the solar photovoltaic sector in Spain in order to comply with the National Integrated Energy and Climate Plan (PNIEC) objectives for 2030. At the end of 2020, cumulative installed solar PV capacity in Spain had 12.7 GW, accounting for 6.2% of the total power generation capacity of the country, and 14% of the renewable energy sources.

  • UNEF Celebrates the Success of the Spanish Auction Model for Photovoltaic Energy Competitiveness

    /9th February 2020, Global Solar Council/ The Unión Española Fotovoltaica (UNEF) doubly celebrates the success of the first renewable energy auction in Spain call since 2017 in which photovoltaic energy has demonstrated its competitiveness by achieving 2,036 MW of the 3,034 auctioned MW. It also congratulates itself because the awarding has been widely distributed among companies and has covered all sizes of projects, accommodating a wide variety of players.

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