Spain

/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…

/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…

/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…

/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.

/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.

/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 %…

/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…

/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.