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Spain could deploy 3 5GW of additional self-consumption PV thanks to new grants

Spain could deploy 3.5GW of additional self-consumption PV thanks to new grants Email Spain deployed nearly 600MW of self-consumption solar last year, according to trade body UNEF. Image: UNEF/Twitter. New Spanish government grants to support the deployment of self-consumption solar projects could result in 3.5GW of additional capacity, trade association UNEF has suggested. The policy will allocate €200 million (US$243 million) in support for the residential sector and public administrations, €150 million for industry and the agricultural segment and €100 million for the services sector. UNEF said the funding, which is expected to be expanded from the initial €450 million package to as much as €900 million in the future, represents “a great opportunity” for self-consumption solar, while helping to drive the country’s economic recovery.

Iberdrola S A : Bp, Iberdrola and Enagás plan to develop the largest green hydrogen project in the region of Valencia

The project would be located in the bp refinery in Castellón, where a 20-megawatt (MW) electrolyser will be built, powered by renewable energy produced, among other sources, by a 40 MW photovoltaic plant In later stages, the electrolysis capacity could be ramped up to 115 MW, becoming the largest green hydrogen project in the refining sector in Spain This project would reduce the refinery s emissions by up to 24,000 tonnes of CO2 per year, contributing to the decarbonisation of the region s industrial corridor bp, Iberdrola and Enagas have reached an agreement to study the feasibility of building, at bp s plant in Castellón, the first phase of the largest green hydrogen production facility in the region of Valencia.

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