Spain is phasing out coal generation
Spain had installed 8.7 GW of cumulative solar PV by the end of last year
Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”.
The modules will be used by U.K. developer Solarcentury for its Cabrera and Talayuela Solar projects in southern Spain.
The CNMC statement appears favourable for one Spanish electric utility, Iberdrola, which wants to close its last two remaining coal plants, while making another, Endesa, look out of step.