Spain to hold another 3-GW renewable energy auction

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Spain to hold another 3-GW renewable energy auction

The government of Spain has announced a new 3-GW renewable energy auction, inspired by the success of last auction round.

According to Spain's prime minister Mariano Rajoy the new auction will be conducted before the summer and will be opened to wind and photovoltaic (PV) projects.

This new auction will contribute to improving competition in the domestic electricity market, as well as reduce energy dependence from abroad. 

This tender, together with the last week one, has been launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020.

Past auction showed the competitiveness of renewable technologies at current market prices. The last auction resulted in contracts for €43 (US$31.9) per megawatt hour (MWh), the maximum discount rate allowed under the Spanish tendering system. This is the lowest level ever awarded in an onshore wind tender in Europe.

List of country news

Country news

  • May 23, 2017

    Forestalia selects GE to provide 1,200 MW of wind power in Spanish 3GW auction

    The Forestalia Group, through the Sociedad Aragonesa Transeuropea de Energías Renovables, has been awarded a contract by Spain’s Ministry of Energy, Tourism and Digital Agenda to develop a 1,200 MW wind farm in Aragón.

    Read more
  • May 22, 2017

    Enel/Endesa awarded 540 MW of wind capacity in Spanish 3GW auction

    Enel, acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 540 MW of wind power capacity in Spain, following the tender for 3,000 MW of renewable energies.

    Read more
  • April 06, 2017

    Gipuzkoa signs Zubieta waste to energy PPP

    The government of Guipuzkoa, Basque country (Spain) and Urbaser-Meridiam consortium have signed the Zubieta waste-to-energy plant PPP.

    Read more
  • March 16, 2017

    Cerberus achieves €130M refinancing of four Spanish wind farms

    Cerberus Capital Management, through its Spanish affiliate Renovalia Energy Group, S.L, has successfully achieved €130 million (US$138.2 million) refinancing of a portfolio comprising four Spanish wind parks.

    Read more
  • February 08, 2017

    RIVE Private Investment and JB Capital Capital Markets acquire wind farms in Andalusia

    RIVE Private Investment, founded by 123Investment Managers Group and Elyseum Investment, has announced the acquisition of the wind farms Sierra de Aguas and Sierra de Baños, located in Andalusia, Spain.

    Read more

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