New Iberian head Luis Miguel Álvarez walks PV Tech through plans to use M&A and organic plays to build gigawatt-scale portfolio by 2025 despite late arrival to Europe’s hottest solar markets.
The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.
Beer maker will power its entire brewing operations in Southern European country via 82GWh-a-year PV plant featuring 340Wp polycrystalline silicon modules, set to go live next year.
The new plants will contribute to Iberdrola's rapid expansion across the Iberian peninsula, after the firm secured 149MW of new Portuguese projects last month.
IPP’s success bagging 15-year PPA for ‘very advanced’ project north of Lisbon comes as consultants say tender’s record-low prices underscore greater appetite for merchant risks.
French firm Akuo scores cheapest tariff and reaps 370MW of total 1.15GW awarded while Iberdrola bags 149MW by pledging to pay for grid space under second modality.
Tariffs of €14.76/MWh at oversubscribed latest PV tender are ‘great news’ for consumers, state secretary Galamba says as he walks PV Tech through results before their official publication.
Claims of €20/MWh bids emerge as country sets sights on next week to publish results of 1.4GW tender, which must choose winners from 10GW worth of projects.
