Spain's cumulative installed PV capacity reached 4,682 MW at the end of November
Post date: 10/01/2014
Spain’s cumulative installed PV capacity reached 4,682 MW as of the end of November 2013, according to the latest statistics from Spanish grid operator Red Electrica de Espana. Of this capacity, 4,438 MW was installed on Spain’s mainland, while 78 MW and 166 MW were installed in the Balearic Islands and the Canary Islands, respectively. In the first 11 months of 2013, 49 MW of new PV capacity was installed in Spain, 1 MW and 2 MW of which were installed in the Balearic Islands and the Canary Islands. Only 3 MW of PV power was added in Spain in November. The country’s cumulative installed solar thermal capacity, all of which is located on the mainland, held firm in November at 2,300 MW. Spain installed 300 MW of new solar thermal capacity in the first 10 months of this year.
Several large-scale PV projects have been announced recently in Spain despite the fact that the FIT scheme for renewable energy projects has been closed to new applicants since the beginning of 2012. As of today, however, not a single one of these projects has started construction due to a lack of financing. If realized, electricity generated by these proposed projects would be sold at market rates.