Early this year in March, we shared an overview of the Spanish market to understand where the market stands, top stakeholders, annual Solar PV GWh, RE auctions and more. One thing is certain, Spain remains to be the top European solar market. However, Spain's latest renewable energy auction raised some eyebrows since the relatively low PV participation and the absence of major renewable energy players. Prices in the October tender were competitive, but a majority of the capacity was claimed by just two developers, and solar PV played second fiddle to wind power. Was it a lack of mature projects; the impact of rising prices of raw materials; the gap left by major players..?
To make sense of the latest market developments, we've looked back at recent Spanish actions, visualized key trends and insights in a new infographic.
Download our Infographic