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At FES Iberia 2025, Óscar Martín Pacios, CFO of Ingenostrum, highlighted the key role of data centres in balancing the power grid in an energy-surplus Spain, calling for regulatory updates to meet the new demands of a transforming electricity market.
In July, 43 projects totalling 1,991.35 MW were approved, while 24 projects amounting to 1,336.11 MW were rejected. The leading companies were GECAMA (325 MW), Enel Green Power (315.33 MW), Statkraft (153.78 MW), and Naturgy (198 MW).
New mid-year market analysis for EU solar forecasts -1.4% annual growth for 2025. This would mark the first year of negative market growth since 2015, putting the continent’s 2030 targets at risk. Despite forecasted negative growth, years of solar boom mean that the EU will meet the RePower EU 2025 solar target of 400 GW* – by the end of the year the bloc should host 402 GW.