Tag Archives: Spain

Protermosolar: The Concentrated Solar Power generated more than 2,600 million euros in 2012, up from 927 million in premiums received

The solar thermal energy contributed during 2012 with 2.607 million euros to the economy, up from 927 million in premiums received, according to the latest report of the Macroeconomic Impact of Solar Thermal Energy Sector 2012, prepared by the association Protermosolar. Protermosolar further indicates that the tsolar hermal resulted in savings of EUR 280 million … Continue reading Protermosolar: The Concentrated Solar Power generated more than 2,600 million euros in 2012, up from 927 million in premiums received

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Protermosolar: CSP Spanish companies involved in 64% of the solar thermal power projects in the world

The business association Protermosolar indicates that 82% of the cumulative installed concentrated solar power in the world, of 2,580 megawatts (MW) in 2012, is marked Spain, while 73% are owned by Spanish CSP developers. The Spanish companies are involved in 64% of concentrating solar projects in development or construction worldwide, and have a presence in … Continue reading Protermosolar: CSP Spanish companies involved in 64% of the solar thermal power projects in the world

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Acciona studying legal action against energy reforms in Spain

“We believe (the measures) are a major breach of investor confidence with a massive impact on our profit and loss,” an Acciona executive said on a conference call on Friday. Energy reforms represent 5,600 million euros less for renewable energy while polluting energy revenues have grown by 2,500 million euros.Legal security in Spain is lower … Continue reading Acciona studying legal action against energy reforms in Spain

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Concentrating Solar Power: Foreign investors set to sue Spain over energy reform

It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Concentrating Solar Power: Foreign investors set to sue Spain over energy reform

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The wind energy industry installed 1,112 MW in Spain in 2012

The wind energy industry installed 1,112 MW in Spain in 2012, representing an increase of 5.13% in the year. This percentage increase is similar to that of 2011, the weakest of the history of wind energy in Spain. On December 31, the total accumulated wind power sector amounted to 22,785 MW, according to data compiled … Continue reading The wind energy industry installed 1,112 MW in Spain in 2012

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The Spanish Wind Energy Association studies legal actions against the new cuts approved by the Government

The Spanish wind sector regards the measures adopted by the Government for the sector as unacceptable. These measures eliminate the possibility of receiving the market price plus a premium, imposing  that all Spanish wind farms will have to perceive the fixed tariff as from January 1st. Secondly, it reduces the parameters whereby the premiums are … Continue reading The Spanish Wind Energy Association studies legal actions against the new cuts approved by the Government

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Foreign investors set to sue Spain over concentrated solar power

The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking on its push for green power. It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged … Continue reading Foreign investors set to sue Spain over concentrated solar power

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Foreign investors set to sue Spain over renewable energy reform

It is unclear how much claims might be worth, but international funds have more than 13 billion euros ($17 billion) of renewable energy assets in Spain and say that the government has reneged on the terms of their investment. The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking … Continue reading Foreign investors set to sue Spain over renewable energy reform

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Spanish Concentrating Solar Power (CSP) companies face rating downgrades

Moody’s says the latest cuts hurt the credit quality of Abengoa and Concentrating Solar Power (CSP) companies. The reduced income decreed to affect seriously concentrated solar power companies like Abengoa and Acciona, and have been affected by the arbitrary decision of the spanish government. The credit rating agency Moody’s believes that the measures taken by the … Continue reading Spanish Concentrating Solar Power (CSP) companies face rating downgrades

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Spanish government is destroying ten years of wind energy development

For the last 100 days, wind energy has provided more of Spain’s power than any other source. Yet the government is cutting support for the sector and putting a major electricity provider – and domestic industry – at risk. Heikki Willstedt Mesa, Energy Policies Director for the Spanish Wind Energy Association (AEE) explains why the … Continue reading Spanish government is destroying ten years of wind energy development

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GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

ACS is taking steps to reduce its massive debt. The company chaired by Florentino Perez has reached an agreement with General Electric to acquire two U.S. giant solar thermal Castilla-La Mancha in which the builder has invested 500 million. However, the purchase price had to be adjusted downward after the last spear of the Minister … Continue reading GE to buy two Concentrating Solar Power (CSP) plants in Spain to ACS despite regulatory framework

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Spain’s Concentrated Solar Power (CSP) sector will reduce revenues by 33% with new regulation

Protermosolar Secretary General, Luis Crespo, said that in just six weeks the Concentrating Solar Power (CSP) sector has lost 33% of their income and wondered “how can you trust a country that uses 13,000 million to attract investment and, once that CSP plants have been built, the next day sinking business expectations. ” The recent … Continue reading Spain’s Concentrated Solar Power (CSP) sector will reduce revenues by 33% with new regulation

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More new wind energy generation records: Texas, Spain, UK

More wind generation records have fallen in recent days, reflecting growing use around the world of this clean, reliable energy source.   This week, top billing goes to the Electric Reliability Council of Texas (ERCOT), which operates the utility system serving most of the Lone Star State and saw a record January 29, when at … Continue reading More new wind energy generation records: Texas, Spain, UK

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Wind farms break energy record in Spain

Past three months saw wind energy plants produce more electricity than any other source for first time, Spanish Wind Energy Association says. Over the last three months wind farms produced more electricity than any other power source in Spain for the first time ever, an industry group has said. The country delivered over six terawatt hours … Continue reading Wind farms break energy record in Spain

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Spain’s government reduces the Concentrating Solar Power revenue by more than 30%

The package of measures adopted by the spanish government in recent weeks, with the general tax of 7%, the elimination of the premium to the share attributable to gas, which in the investment analysis was considered “a whole” with the premium and the removal of the option premium pool + approved today by the Council … Continue reading Spain’s government reduces the Concentrating Solar Power revenue by more than 30%

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Wind energy enough to light almost all Spanish households

People who work in the Spanish wind energy sector will no doubt be sharing great news with those attending next week’s EWEA 2013 Annual Eventin Vienna: the nation’s monthly wind-power output exceeded 6 terawatt-hours for the first time in January. The Spanish Wind Energy Association’s blog, Somos Eolicos, reported that amount of power would be … Continue reading Wind energy enough to light almost all Spanish households

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Spain’s Monthly Wind Energy Tops 6 Terawatt-Hours for First Time

Spain’s monthly wind energy output exceeded 6 terawatt-hours for the first time this month, enough to light most households, the nation’s AEE wind lobby group said. The milestone was passed yesterday from 3 p.m. to 4 p.m. local time, the Spanish Wind Energy Association said, citing data from Red Electrica de Espana, the grid operator. … Continue reading Spain’s Monthly Wind Energy Tops 6 Terawatt-Hours for First Time

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Brussels requires Spain multiply by 60 charging points for electric vehicles by 2020

The European Commission has demanded that Spain multiply by 60 by 2020 (from 1356 there are currently 82,000) charging points for electric cars open to the public in order to promote the use of electric vehicles. The Spanish government at that time expected to Spanish roads traversing 2.5 million electric cars. Brussels has also chosen … Continue reading Brussels requires Spain multiply by 60 charging points for electric vehicles by 2020

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Gamesa lands a wind energy contract to service 400 MW of wind turbines for EDP Renewables in Europe

  Gamesa will perform maintenance services for a period of three years – which may be extended for another three years – on 402 Gamesa- built wind turbines, each with capacity of 850 kW, and on 29 Gamesa 2.0 MW turbines. Additionally, it will provide technical assistance for 179 wind turbines, each with capacity of … Continue reading Gamesa lands a wind energy contract to service 400 MW of wind turbines for EDP Renewables in Europe

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