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

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

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

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

by Energía Estratégica 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, 2024Banks are distancing themselves from renewable projects without PPAs in Spain

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

by Milena Giorgi 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, 2024Luis Marquina: Spain must strengthen its battery industry as a strategic technology

October 29, 2024
Luis Marquina: Spain must strengthen its battery industry as a strategic technology

by Milena Giorgi Keep reading

The President of AEPIBAL emphasizes the importance of a strong battery sector in Europe, noting that batteries are strategic technology for the continent. The organization has presented 10 key proposals to improve the regulation of distributed storage and ensure that Spain strengthens its battery industry.

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

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

by Milena Giorgi 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, 2024MITECO promotes 300 MW in renewable projects and rejects 181.7 MW of wind capacity

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

by Lucia Colaluce 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, 2024Enerside achieves a growth of €16.5 million compared to the same period last year

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

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

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

by Emilia Lardizabal 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, 2024Spain reaches a historic low in energy dependence at 68.3% thanks to renewables.

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

by Milena Giorgi 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, 2024Renewables boosted their net savings in the electricity system by 41%, reaching 9.5 billion

October 28, 2024
Renewables boosted their net savings in the electricity system by 41%, reaching 9.5 billion

by Energía Estratégica Keep reading

Wind and hydropower stopped receiving incentives in 2023, which led to a specific renewable compensation of 3.170 million euros and market savings of 12.745 million euros. The drop in electricity prices, from 167.52 €/MWh in 2022 to 87.10 €/MWh in 2023, reduced the sector’s contribution to GDP to 16.495 million euros, accounting for 1.13% of the national GDP.

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

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

by Energía Estratégica 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, 2024Iberian competition: improvements in infrastructure and taxation to continue attracting renewable investments

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

by Milena Giorgi 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, 2024The obstacles to reaching 20.4 GW of solar in Portugal by 2030

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

by Milena Giorgi 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, 2024UNEF proposes urgent measures to boost self-consumption

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

by Energía Estratégica 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, 2024Industry stakeholders reveal equation to achieve battery amortization in 20 years

October 24, 2024
Industry stakeholders reveal equation to achieve battery amortization in 20 years

by Milena Giorgi Keep reading

As described, this is possible thanks to the optimization of charge and discharge cycles, with the replacement of lithium cells after 10 years, improving returns without incurring new fixed costs. Additionally, they warn that hybridization with batteries is only profitable in a few cases.

October 24, 2024Enercluster advocates for transparency in the development of 547 MW of wind energy in Navarra.

October 24, 2024
Enercluster advocates for transparency in the development of 547 MW of wind energy in Navarra.

by Milena Giorgi Keep reading

Drawing from the challenges in Galicia, the association highlights the importance of early and continuous dialogue with local communities to ensure the success of renewable projects.

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

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

by Emilia Lardizabal 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, 2024The Spanish Hydrogen Technology Platform publishes the catalog of the most important innovation

October 24, 2024
The Spanish Hydrogen Technology Platform publishes the catalog of the most important innovation

by Milena Giorgi Keep reading

Some of the highlighted innovations such as ARIEMA’s alkaline electrolysis, LOMARTOV’s advanced storage, AICIA’s microgrids, and AJUSA’s PEM fuel cells are positioning Spain as a leader in renewable hydrogen for energy and transportation.

October 23, 2024Manuel Pazo: “The proper implementation of the greater public interest is key to unlocking wind energy development in Galicia.”

October 23, 2024
Manuel Pazo: “The proper implementation of the greater public interest is key to unlocking wind energy development in Galicia.”

by Milena Giorgi Keep reading

The development of wind energy in Galicia is facing a critical halt, with 66 wind farms suspended, representing over 3,300 MW of affected capacity. The president of the EGA emphasizes the urgent need to properly implement the key European directive to reactivate the projects.

October 23, 2024Ekhi acquires two solar plants from Grupo Enerland totaling 44.21 MW.

October 23, 2024
Ekhi acquires two solar plants from Grupo Enerland totaling 44.21 MW.

by Energía Estratégica Keep reading

The solar plants in Zaragoza will operate under a grid-connection scheme, injecting the generated energy into the wholesale market.

October 22, 2024AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

October 22, 2024
AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

by Emilia Lardizabal Keep reading

The government has approved the draft bill to reinstate the National Energy Commission (CNE). In this context, the Association of Electric Energy Companies (aelēc) emphasizes that the commission’s focus should be on electric grids and that it should encourage investments in this area through remuneration models. Additionally, Marina Serrano, president of the association, indicates that the commission must also prioritize measures related to access and connection capacity to the grids, for both generation and demand.

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

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

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

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

by Energía Estratégica 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, 2024Banks are distancing themselves from renewable projects without PPAs in Spain

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

by Milena Giorgi 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, 2024Luis Marquina: Spain must strengthen its battery industry as a strategic technology

October 29, 2024
Luis Marquina: Spain must strengthen its battery industry as a strategic technology

by Milena Giorgi Keep reading

The President of AEPIBAL emphasizes the importance of a strong battery sector in Europe, noting that batteries are strategic technology for the continent. The organization has presented 10 key proposals to improve the regulation of distributed storage and ensure that Spain strengthens its battery industry.

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

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

by Milena Giorgi 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, 2024MITECO promotes 300 MW in renewable projects and rejects 181.7 MW of wind capacity

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

by Lucia Colaluce 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, 2024Enerside achieves a growth of €16.5 million compared to the same period last year

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

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

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

by Emilia Lardizabal 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, 2024Spain reaches a historic low in energy dependence at 68.3% thanks to renewables.

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

by Milena Giorgi 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, 2024Renewables boosted their net savings in the electricity system by 41%, reaching 9.5 billion

October 28, 2024
Renewables boosted their net savings in the electricity system by 41%, reaching 9.5 billion

by Energía Estratégica Keep reading

Wind and hydropower stopped receiving incentives in 2023, which led to a specific renewable compensation of 3.170 million euros and market savings of 12.745 million euros. The drop in electricity prices, from 167.52 €/MWh in 2022 to 87.10 €/MWh in 2023, reduced the sector’s contribution to GDP to 16.495 million euros, accounting for 1.13% of the national GDP.

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

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

by Energía Estratégica 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, 2024Iberian competition: improvements in infrastructure and taxation to continue attracting renewable investments

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

by Milena Giorgi 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, 2024The obstacles to reaching 20.4 GW of solar in Portugal by 2030

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

by Milena Giorgi 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, 2024UNEF proposes urgent measures to boost self-consumption

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

by Energía Estratégica 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, 2024Industry stakeholders reveal equation to achieve battery amortization in 20 years

October 24, 2024
Industry stakeholders reveal equation to achieve battery amortization in 20 years

by Milena Giorgi Keep reading

As described, this is possible thanks to the optimization of charge and discharge cycles, with the replacement of lithium cells after 10 years, improving returns without incurring new fixed costs. Additionally, they warn that hybridization with batteries is only profitable in a few cases.

October 24, 2024Enercluster advocates for transparency in the development of 547 MW of wind energy in Navarra.

October 24, 2024
Enercluster advocates for transparency in the development of 547 MW of wind energy in Navarra.

by Milena Giorgi Keep reading

Drawing from the challenges in Galicia, the association highlights the importance of early and continuous dialogue with local communities to ensure the success of renewable projects.

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

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

by Emilia Lardizabal 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, 2024The Spanish Hydrogen Technology Platform publishes the catalog of the most important innovation

October 24, 2024
The Spanish Hydrogen Technology Platform publishes the catalog of the most important innovation

by Milena Giorgi Keep reading

Some of the highlighted innovations such as ARIEMA’s alkaline electrolysis, LOMARTOV’s advanced storage, AICIA’s microgrids, and AJUSA’s PEM fuel cells are positioning Spain as a leader in renewable hydrogen for energy and transportation.

October 23, 2024Manuel Pazo: “The proper implementation of the greater public interest is key to unlocking wind energy development in Galicia.”

October 23, 2024
Manuel Pazo: “The proper implementation of the greater public interest is key to unlocking wind energy development in Galicia.”

by Milena Giorgi Keep reading

The development of wind energy in Galicia is facing a critical halt, with 66 wind farms suspended, representing over 3,300 MW of affected capacity. The president of the EGA emphasizes the urgent need to properly implement the key European directive to reactivate the projects.

October 23, 2024Ekhi acquires two solar plants from Grupo Enerland totaling 44.21 MW.

October 23, 2024
Ekhi acquires two solar plants from Grupo Enerland totaling 44.21 MW.

by Energía Estratégica Keep reading

The solar plants in Zaragoza will operate under a grid-connection scheme, injecting the generated energy into the wholesale market.

October 22, 2024AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

October 22, 2024
AELEC Highlights Investment in Electric Grids as a Priority for the New National Energy Commission

by Emilia Lardizabal Keep reading

The government has approved the draft bill to reinstate the National Energy Commission (CNE). In this context, the Association of Electric Energy Companies (aelēc) emphasizes that the commission’s focus should be on electric grids and that it should encourage investments in this area through remuneration models. Additionally, Marina Serrano, president of the association, indicates that the commission must also prioritize measures related to access and connection capacity to the grids, for both generation and demand.

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