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.
Banco Sabadell supplies close to €30m in debt to Renovalia’s five-strong solar cluster in Ciudad Real province, first of firm’s 1GW merchant pipeline of PV and wind.
German firm walks PV Tech through experience of building 5MW first project in Eastern state and plans to now ramp up deployment with an eye on potential sales.
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.
Downsizing the fixed element of tariffs would bring Spain in line with European countries and help incentivise self-consumption and electric vehicles, says solar body UNEF.
Milan-headquartered Falck to buy 70% stake of vehicle holding utility-scale scheme, which has secured grid connection and is now eyeing building permits.
