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No subsidy programs help Spain to become the world's sixth largest photovoltaic market

As the European MIP policy termination, anti-dumping duties are eliminated and the European pv market's door is open. Among many pv countries, Spain photovoltaic market nearly two years, rapid recovery, undoubtedly attracted the attention of investors.

having the Iberian peninsula Spain is light resources to the best of Europe, in the 1600 - years exposure rate 1700 kWh/kWp。 By 2018, the cumulative pv capacity for 7. 13 gigawatts (gw), plans to pv total installed capacity of 77 gw by 2030.

it is reported that since 2017, the Spanish government has approved a series of policies to support renewable energy development, including the response of the European Union in 2020 implementation of renewable energy power generation accounted for 20%; By modifying the renewable energy legislation, simplify the process of power plant construction and control market speculation, put forward to realize the goal of 100% renewable energy power generation in 2050, under the policy to promote and huge market potential, Spanish photovoltaic will achieve strong growth in the future. No subsidy project leader

cancelled FIT program in 2013, after the Spanish market trading pattern instead of a feed-in tariff, the photovoltaic power station under the condition of no state subsidies ( Is there a minimum guarantee, but it is still far below wholesale market price) Through the spot market ( OMIE) Sell electricity or sign 5 - 15 years of power purchase agreement ( PPA) Power plant operational profitability. REE in the grid side, Spain said the ongoing power grid project construction, the future will be able to carry 30. 5 gigawatts of renewable energy to generate electricity.

in addition, the Spanish photovoltaic market also in improving the financing environment, since the second quarter of 2018, the bank of Spain ( Banco Sabadell) Modified the loan amount of calculation, the spot ( OMIE) The market will be able to sell electricity project bank provide highest 75% 80% of loans, to the enterprise provides a good operating environment.

at the end of 2018, Europe's largest subsidies, photovoltaic power station project completion. It is understood that the project covers an area of about 265 hectares, photovoltaic power capacity of 175 mw, by BayWa r. e. Company takes 10 months to complete plant construction, with the Norwegian energy group Statkraft signed a 15-year power purchase agreement. It is estimated that the price of per KWH should be in 3. 5 cents to 4 cents. It is important to note that about 500000 pieces of photovoltaic modules, photovoltaic power plant using the GCL solar components and huawei inverter.

in 2019, the Spanish market poised

in July 2017, the renewable energy project subject to tender according to held in Spain, there will be 3 have been confirmed in Spain in 2019. 9 gigawatts of new photovoltaic power generation at the beginning of the end connected to the electricity grid power supply. According to the set consulting, new energy research center set bond energy grid EnergyTrend predicted that in 2019, will become the world's sixth largest photovoltaic market in Spain, photovoltaic (pv) amounted to 4% of global demand, with Japan, Germany, Australia, to form the global photovoltaic (pv) the second tier of the market, continue to pull the pv market demand.

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