Regaining its status as a leading European solar market, Spain is experiencing extraordinary growth, averaging 3 GW of solar installations per year since 2019. Its first year of exponential growth (3.5 GW installed in 2019) might be attributed to the 2017 auction deadlines, but the 2.6 GW of 2020 and expected 3 GW of 2021, tell a different tale. Spain now has a market that can afford to take on some risk, in which going for pure merchant projects is an increasingly-realistic option, while also still boasting an active PPA market.
Although it's safe to say that the capital for solar development is there, safety is not always guaranteed. It remains a market in which regulatory hurdles need to be accounted for, where competition and an abundance of players require a high level of stakeholder management, and whose large project pipeline (100 GW!) leaves a few questions to be answered.
Get these answers at the 'Solarplaza Summit Spain' (formerly 'Solar Market Parity Spain') on 7 July 2022 in Madrid, the only event to combine local knowledge with international expertise. Here you can meet the right people to succeed in your project development and management, while also gaining valuable insights into the intricacies of the market throughout all of its development stages.
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