The Spanish solar market is strengthening its long-term position

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With more than 2.6 GW in 2020, Spain remains in the top 3 solar markets in Europe. The forecasts for future developments remain promising. According to SolarPower Europe, in the medium scenario, Spain is expected to have a total installed solar PV capacity of 29.0 GW by 2024. This makes Spain the second largest solar market in Europe

Pforzheim, February 16, 2021 – With more than 2.6 GW in 2020, Spain remains among the top 3 solar markets in Europe. The forecasts for future developments remain promising. According to SolarPower Europe, in the medium scenario, Spain is expected to have a total installed solar PV capacity of 29.0 GW by 2024. This makes Spain the second largest solar market in Europe. The role that corporate sourcing, power purchase agreements (PPAs), RES auctions, framework conditions for network access and self-consumption play in this process and which obstacles still need to be overcome will be discussed from April 21 to 22, 2021 , at the digital edition of Intersolar Summit Spain.

In 2020, solar PV power has shown strong resilience across the European Union (EU) despite the Covid-19 pandemic. The EU member states installed a solar capacity of 18.2 GW in 2020, an improvement of 11% compared to the 16.2 GW in the previous year. This made 2020 the second best year for solar energy in the EU. Despite a severe economic crisis, last year the market leader Spain remained among the top 3 solar markets in Europe with more than 2.6 GW. This emerges from the “EU market outlook for solar energy 2020-2024” from SolarPower Europe.

The Spanish National Energy and Climate Action Plan (NECP) has been approved with a target for 2030 of 74% of renewable electricity generation and 39.2 GW of PV capacity. Starting at around 10 GW today, this means that around 2.8 GW of new PV capacity will have to be added every year over the next ten years. In this context, the Spanish government has approved the Royal Decree 960/2020 with a new remuneration system for renewable energies, based on a fixed price per generated energy, which is awarded through auctions. In January the Spanish government announced the results of its latest renewable energy auction for 3 GW. Solar PV secures two thirds (2.04 GW) of the total capacity allocation. In addition, the Spanish government is launching further efforts, such as the Spanish climate protection law and the development of the national self-consumption strategy. This strategy will define strategies that put citizens at the center of the energy transition, assess the potential for self-consumption and set targets for installed capacity by 2030.

The PV targets set in the NECP not only reflect the potential of Spanish solar resources, but also address the ongoing challenges of PV deployment in Spain. According to the Spanish solar energy association UNEF, this includes in particular the provisions of the official permits and the network access procedure. A new royal decree on access and connectivity to solve these problems is expected shortly – with new online platforms for permit applications and new calculations of capacity criteria.

Supported by the strategic partners SolarPower Europe and UNEF, this year’s Intersolar Summit Spain from April 21 to 22 will give a deep insight into the developments on the Spanish solar market, the opportunities and risks and deal with important topics such as company procurement, power purchase agreements (PPAs) , RES auctions, regulatory framework for network access and self-consumption.

Image source: © Solar Promotion GmbH

Further information can be found at: www.intersolar-summit.com/de/spain

About Intersolar

Intersolar is the world’s leading exhibition series for the solar industry and its partners. With 30 years of experience, Intersolar has become the most important platform in the global solar industry, bringing together key players from the most influential markets. Intersolar exhibitions and conferences take place in Munich, Mumbai, São Paulo, Mexico City and Dubai. These global events are complemented by the Intersolar Summits, which are held in emerging and growing markets around the world.




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