Spain

Solaria has raised funds for deploying of four solar installations contracted to supply energy for Repsol. The project is going to be a huge step toward the manufacturer’s target of installing 3 gigawatts by 2023.

The Fresher project, funded by the EU’s European Maritime and Fishery Fund, aims to develop better and cheaper mooring and anchoring systems for floating solar. The initiative is backed by Portugal utility EDP, which has recently begun to install floating projects.

Endesa, a subsidiary of the biggest electric utility in Spain, has finished 252 megawatts of PV projects in Extremadura, which means all of the 339 megawatts the company gained at the governmental auction 2017 are now tied to electrical grid.

EPC points out operational launch of PV assets located in Chile and in India as Q1-Q3 2019 revenues almost double compared to last year, however net profit decreased by more than a half.

The researchers from Spain have developed a material claimed to provide radiative cooling as well as self-purification of e-devices which are subject to critical heating when operating, such as photovoltaic cells. The heat emitter allows decreasing the day-hours temp of the silicon substrate by about 14 degrees C.

A new supplier from abroad enters Spain with an unsponsored photovoltaic project, debuting on a vigorous large-scale solar stage of an ever sunny South of Europe.

EDP Renewables, a Spain-based energy company, via the subsidiary in North America along with Shell Energy signed an agreement, with a term of fifteen years, for a 200-megawatt power system – Sandrini Solar Park.

Univergy International headquartered in Spain and Japan is planning to invest over $200 million in two photovoltaic projects in Zambia.

Economic thinktank Carbon Tracker used financial modeling to determine the profitability of every coal power plant in the EU. On average, 79% of the facilities run at a loss, with Germany, Spain and Czechia among the states particularly exposed to the consequences – for coal investors and the public.

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.