TSK sells its La Africana concentrated solar power plant to the Q-Energy fund

TSK has agreed to sell its solar power plants in operation in Spain to Q-Energy, Qualitas Equity’s renewable asset fund manager. The company chaired by Sabino García Vallina has thus transferred a part of its subsidiary Esersa, for which a year ago it explored the possibility of going public. Specifically, it has transferred its stakes …

Concentrated Solar Power reaches 796 GWh generated in July in Spain, 10% more than last year

Solar thermal energy has reached 796 gigawatt hours (GWh) of electricity generation in July, which represents 10% more than in the same month last year, according to data from Red Eléctrica (REE) collected by the Spanish Association for Promotion of the Thermosolar Industry (Protermosolar). In addition, this Concentrated Solar Power generation has accounted for 3.57% …

Demand for electrical energy in Spain falls 3.8% in July

Demand for electrical energy in Spain fell by 3.8% in July: wind energy produced 37.9%, concentrated solar power 3.5% and photovoltaic 7.9%  The demand for electrical energy decreased in the Balearic Islands by 26.8% and in the Canary Islands by 9.4% compared to the same month of 2019.Solar photovoltaic produced 89.9% more than in July …

Concentrated Solar Power: the only renewable alternative to night power supply

The solar thermal industry wants to differentiate itself from photovoltaic with storage: «Our energy is up to ten times cheaper». Spain occupies the first place in the world in installed concentrating solar power capacity, with 2.3 GW of a world total of 6.2 GW, and also concentrates the greatest know-how in national companies. Therefore, it …

Protermosolar asks the spanish government for specific renewable technology auctions

With this type of auction, the growth of each technology could be guaranteed to comply with the PNIEC and monitor the evolution of the cost of each one. Another option would be to promote auctions by definition of dispatch profiles or exclusive generation windows. The Spanish Association for the Promotion of the Solar Thermal Industry …

Gonzalo Martín, general secretary of Protermosolar «I am fully confident that Spain can once again become the world Concentrated Solar Power benchmark»

The new general secretary of Protermosolar is convinced that Concentrated Solar Power is the cornerstone to achieve the complete decarbonisation of the Spanish electricity system, by guaranteeing massive energy storage and providing firm and planned support for penetration with renewable intermittent sources like photovoltaic and wind energy. He also believes that if both the Government …

Spain’s electricity demand falls 8.5% in June

Wind energy power represented 17.3%, concentrated solar power 3.9% and photovoltaic 9.2%. Spain’s electricity demand fell 8.5% in June. 43.9% of the monthly generation was from renewable sources and 63.5% were produced from technologies that do not emit CO2 equivalent. The demand for electrical energy decreased in the Balearic Islands by 33.3% and in the …

Protermosolar celebrates the publication for public consultation of the new Economic Regime for Renewable Energies in Spain

The Spanish Association for the Promotion of the Solar Thermal Industry (Protermosolar) celebrates the publication for public consultation by the Ministry for the Ecological Transition and the Demographic Challenge of the new Economic Regime for Renewable Energies that, according to Protermosolar, simplifies the previous specific remuneration regime. For Protermosolar, one of the most attractive aspects …

Cubico refinances 50 MW concentrated solar power plant in Spain

Cubico Sustainable Investments said today it has achieved financial close on the refinancing of a 50-MW concentrated solar power (CSP) plant in Spain. The renewables investor, which is backed by Ontario Teachers’ Pension Plan and PSP Investments, said that this is its second green loan after earlier refinancing a 99-MW wind portfolio in Italy. Cubico …

Demand for electrical energy in Spain falls 13.1% in May

Wind energy represented 21.9% of the electricity demand in Spain in May, concentrated solar power 3.3% and photovoltaic energy 9, 3%. 52.5% of the monthly generation was from renewable sources and 70.8% were produced from technologies that do not emit CO2 equivalent. The demand for electrical energy decreased in the Balearic Islands by 31.3% and …