Has the reduction of CAPEX reached its limit? Investment in solar and wind energy begins to rise
Industry sources warn that there is little room left to lower investment costs, and instead, a growth trend of between 5% and 10% is being observed.
Industry sources warn that there is little room left to lower investment costs, and instead, a growth trend of between 5% and 10% is being observed.
The Spanish government, through IDAE, has announced the first call results for renewable hydrogen incentives. With €1.2 billion in funding, selected projects will enhance large-scale hydrogen production, strengthen industrial applications, and advance Spain’s leadership in Europe’s energy transition.
Portugal has awarded more than 500 MW in its first large-scale storage auction, marking a milestone in its energy transition. However, the requirement that at least 75% of battery charging must come from renewable sources presents an operational and economic challenge for awardees.
The Net Zero Industry Act (NZIA) promotes the incorporation of non-economic criteria in renewable energy auctions across Europe. In Spain, auctions have been stalled since 2022, while the sector analyzes how to adapt the mechanism to incentivize local production without compromising competitiveness.
The company has signed a €20 million financing agreement with Triodos Bank to develop 10 photovoltaic plants in Castilla-La Mancha and Andalusia. The firm’s CFO comments on the shift in their business model that solidifies them as an IPP.