Spain

Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”. The analysts expect surging growth from the Southeast Asian nation to continue in the coming decade.

PV InfoLink analyzed the key markets of China’s big module manufacturers, as well as product trends, based on export statistics. According to trade figures, the nation’s module exports totaled 34.2 GW in the first half of 2019, up by more than 90% from the corresponding period of 2018. In a nutshell, overseas demand has been strong in 2019.

Consolidation is coming to Spain’s red-hot solar market, but in a post-subsidy world the landing will be relatively soft.

Iberdrola’s record investment into renewables and networks is outperforming expectations, freeing the utility to invest even more creating a “virtuous circle of growth”, the company’s chairman has said.

After several years of stagnation, Spain has started to see a revival in its PV market, writes IHS Markit’s Maria Chea. The country’s newfound growth has been due to a combination of tender and private PPA projects, along with decreasing component costs.

The European Regional Development Fund (ERDF) has offered grants worth €40 million to 55 small solar projects to be located on Spain's Balearic Islands, with a total capacity of 326MW.

Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.

The utility-scale solar momentum slowly coursing through Latin America looks set to extend to one of the region’s smallest countries, with a large project now progressing through construction.

After turning to clean energy last year, the Spanish oil company plans to deploy 4.5 GW of renewables generation capacity by 2024.

Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.

The Spanish manufacturer said the new three-phase device may reach a power output of 160 kWac in a single 75kg unit. The inverter features 1500 Vdc technology and is said to be able to reach a power output of 161 kW (AC) in a single 75kg unit.

X-Elio has enlisted a Portuguese oil and gas group as offtaker to a large-scale solar pipeline in Spain, adding to the country’s bustling PV power purchase agreement (PPA) scene.

Spanish developer Enerside will start construction of a 322.06MW solar park in northeastern Brazil early next year, government officials said over the weekend.

The project will be built near the Trillo substation, in the Castilla–La Mancha region and represents around 15% of the 1.3 GW solar project pipeline the company hopes to deploy in Iberia by the end of 2023.

Spanish clean energy players have come forward in recent days with projects set to bring a major solar boost to Europe’s current market-of-the-moment.