Solar - Strategic Energy Europe

October 30, 2024
The 400 kV project to integrate renewable energy into the Polish grid

by Lucia Colaluce Oct 30, 2024 Keep reading

The 400 kV transmission line between Dunowo, Żydowo Kierzkowo, and Piła Krzewina will optimise the energy evacuation from offshore wind projects in the Baltic Sea and enhance energy connectivity between Poland and its neighbouring countries. Maciej Wapiński asserts that this infrastructure marks a critical advancement in PSE’s strategy to strengthen the power system for the renewable energy transition.

October 30, 2024
How would the permanence of the tax on energy companies affect the market?

by Milena Giorgi Oct 30, 2024 Keep reading

The tax on energy companies, which raised **€1.164 billion**, creates uncertainty in investments. Although companies like Endesa and Iberdrola are growing in value, broker Jon Belda warns that the measure would affect smaller firms and polarize the market.

October 30, 2024
Energy generation records in Europe and the United Kingdom in the third quarter of 2024

by Lucia Colaluce Oct 30, 2024 Keep reading

The third quarter of 2024 was a period of significant milestones for energy generation on the continent, highlighting a historic increase in solar and wind power production, alongside a reduction in fossil fuel generation. Below, *Energía Estratégica España* analyzes the main points of the quarterly report from Montel Analytics on the European electricity markets.

October 30, 2024
The EIB and Red Eléctrica promote the Salto de Chira hydroelectric power plant with a €300 million loan

by Energía Estratégica Oct 30, 2024 Keep reading

It is a cutting-edge project that combines a 200 MW pumped-storage hydroelectric power plant with a desalination plant, and it is strategic for Gran Canaria. It will strengthen the island’s electrical system and provide crucial support for the guarantee and security of the electricity supply, a key issue for citizens and businesses.

October 29, 2024
Planning and grid development as key to renewable growth in France

by Emilia Lardizabal Oct 29, 2024 Keep reading

With the goal of reaching 35% of renewables and 58% of low-carbon energy in its energy mix by 2030, France is driving a strategic planning process for its electricity grid and the development of key infrastructure in offshore wind, nuclear, and hydroelectric energy. “It is essential to anticipate and plan generation and grid capacities for the energy transition,” states Cecil Coulet, Head of EU Public Affairs at EdEn (Équilibre des Énergies).

October 29, 2024
Banks are distancing themselves from renewable projects without PPAs in Spain

by Milena Giorgi Oct 29, 2024 Keep reading

The decline in pointing indices for photovoltaic energy and the income challenges for projects without coverage are leading banks to reduce financing for merchant projects. Projections point to a structural shift in energy investment.

October 29, 2024
APREN calls for a “robust PPA market” and faster licensing to meet the PNEC 2030 targets.

by Milena Giorgi Oct 29, 2024 Keep reading

The Portuguese Renewable Energy Association highlights the importance of the Portuguese government supporting contracts to contribute to the bankability of projects. Additionally, they emphasize the need to speed up licensing processes and modernize the electrical grid to achieve the 20.8 GW of solar and 10.4 GW of onshore wind proposed in the PNEC 2030.

October 29, 2024
MITECO promotes 300 MW in renewable projects and rejects 181.7 MW of wind capacity

by Lucia Colaluce Oct 29, 2024 Keep reading

MITECO approves 118.19 MW in solar projects and rejects 181.7 MW in wind projects, mainly in Zaragoza and Cádiz. The approval highlights the PSFV Martelilla photovoltaic park, while wind initiatives will need to be rethought to advance in the administrative process.

October 29, 2024
Enerside achieves a growth of €16.5 million compared to the same period last year

by Energía Estratégica Oct 29, 2024 Keep reading

The company generated a positive operating cash flow of €2.5M thanks to its asset rotation strategy and structural cost optimization exceeding 50%. Of its 7.3 GW portfolio, 17% consists of stand-alone battery projects, while 44% combines solar photovoltaic and batteries.

October 28, 2024
Solax Power aims to position itself in the Top 5 by 2025 with its inverters and storage solutions

by Emilia Lardizabal Oct 28, 2024 Keep reading

Rodrigo Ruiz, PV & BESS Sales Director (Iberia) at Solax Power, stated that the company aims to increase its market share and position itself among the top 5 manufacturers by 2025 and in the top 3 by 2026. He also highlighted their commitment to product innovation, announcing the launch of a new inverter for utility-scale projects in December.

October 28, 2024
Horizons anticipates the country’s energy future

by Lucia Colaluce Oct 28, 2024 Keep reading

Michal Prazynski, CEO of Horizons sp. z o.o., highlights expectations for the energy sector in Poland, noting that 2025 will be a crucial year for the adoption of new regulations and key investments, especially in energy storage and renewables.

October 28, 2024
Spain reaches a historic low in energy dependence at 68.3% thanks to renewables.

by Milena Giorgi Oct 28, 2024 Keep reading

The General Director of APPA Renovables, José María González Moya, analyzes the progress of renewables and the remaining challenges to consolidate energy independence in Spain, in a year where the sector achieved net savings of €9.5 billion in the electrical system and avoided fossil fuel imports worth €15.622 billion.

October 28, 2024
CLANER reaffirms Andalusian renewable commitment to climate change

by Energía Estratégica Oct 28, 2024 Keep reading

The president of CLANER, Alfonso Vargas, reaffirmed the commitment of Andalusian renewables to the Paris Agreement and decarbonization, highlighting their crucial role in the climate fight during the International Climate Change Congress in Jerez.

October 25, 2024
Iberian competition: improvements in infrastructure and taxation to continue attracting renewable investments

by Milena Giorgi Oct 25, 2024 Keep reading

Following Repsol’s announcement to prioritize investments in Portugal, Bianca Dragomir, Director of Cleantech for Iberia, emphasizes that the Iberian Peninsula has exceptional potential to become a hub for clean technologies. However, she highlights the need to improve infrastructure and interconnections, as well as maintain fiscal competitiveness to attract more renewable energy investments.

October 25, 2024
The obstacles to reaching 20.4 GW of solar in Portugal by 2030

by Milena Giorgi Oct 25, 2024 Keep reading

The logistical and bureaucratic challenges in the country’s solar expansion are compounded by the need to modernize the electrical grid, as noted by the sector.

October 25, 2024
Poland exceeds 30 GW of installed capacity in wind and solar energy

by Lucia Colaluce Oct 25, 2024 Keep reading

The expansion of solar energy in Poland has been remarkable, reaching nearly 20,000 MW in 2024, in contrast to the 21 MW in 2014. This is due to initiatives framed within the EPP2040, which aims to reduce dependence on coal and increase the share of renewable sources, aligning with the European Union’s climate goals.

October 25, 2024
UNEF proposes urgent measures to boost self-consumption

by Energía Estratégica Oct 25, 2024 Keep reading

Measures that, they highlight, are necessary to meet the objectives of the PNIEC. Comparing the closure of the third quarter of this year with that of last year, self-consumption has decreased by 15%, dropping by 22% in the industrial sector, 5% in the residential sector, and 1% in the commercial sector.

October 24, 2024
Greece faces volatility in energy prices with average rates of 83 €/MWh.

by Emilia Lardizabal Oct 24, 2024 Keep reading

Antonio Delgado Rigal, CEO of Aleasoft, points out that during the first twenty days of October, the average energy price in Greece was 83.8 €/MWh, with hourly values fluctuating between 0.04 €/MWh and 268.9 €/MWh. He also states that the country has accelerated the integration of renewable sources, such as solar and wind, and is promoting storage technologies to balance supply and demand in order to avoid price spikes.

October 24, 2024
Europe manufactures its first vacuum chamber sector for ITER

by Energía Estratégica Oct 24, 2024 Keep reading

Fusion for Energy (F4E), along with industrial partners, has completed the first sector of the ITER vacuum chamber, a key milestone in the largest international nuclear fusion project. After ten years of work, Europe will deliver five of the nine sectors required.

October 23, 2024
Romania must install 1 GW per year of wind and solar energy to reach its 2030 targets

by Emilia Lardizabal Oct 23, 2024 Keep reading

The Sustainable Renewable Energy Association (APERS) reports that there is currently 3.4 GW of installed wind power and 1.5 GW of photovoltaic solar power in Romania. The Romanian government aims to reach 7 GW of wind and 6 GW of solar energy by 2030, as part of the Energy and Climate Plan. This means that 450 MW of wind and 560 MW of photovoltaic solar power need to be installed annually through the end of the decade.

October 23, 2024
Solis launches its smart battery charging and discharging feature for customers

by Energía Estratégica Oct 23, 2024 Keep reading

Solis leverages data from third-party electricity trading platforms, such as Nordpool, to forecast daily prices and provide precise hourly pricing for different regions and countries. Depending on the inverter model, customers can set up to 12 time periods for charging and discharging, automatically extracting energy from their batteries when prices are lower, allowing them to take advantage of savings without lifting a finger.