Evolution of photovoltaic sector in Spain 2018

The market of photovoltaic solar energy in Spain will close 2018 with very positive news for its evolution.

According to the Secretary of State for Energy, José Domínguez Abascal, during the opening of the 5th UNEF Solar Forum held in Madrid: "Spain has an opportunity like never before in history. This is the first time that there is ahead a technological transformation in which our country will participate in the front row ". It is expected that photovoltaic energy will mobilize investments of up to 70,000 million in Spain by 2030.

Spain has shown in recent years that it has a highly trained infrastructure to develop all phases of the value chain of photovoltaic solar energy: Availability of land for the construction of facilities, as well as the manufacture of equipment and components necessary for its operation and maintenance.These factors, added to the wide availability of sunshine hours in the country, outline the opportunity for Spain to position itself as an exporter of electricity.

The rules of the new European Renewable Energy Directive exposed in this edition of the Solar Forum by one of its main coordinators, the MEP José Blanco, also favor the leadership of the photovoltaic sector in this energy transition. The suppression of the "Sun Tax", recognizing the right of citizens to consume their own electric power, has been pointed out as one of the main achievements within the European provisions that will boost the self-consumption market.

If we take into account the power of photovoltaic solar energy installed in Spain in recent years, the data can not be more encouraging: last year in Spain installed 135 MW of new photovoltaic power, compared to 55 MW installed in 2016 and the 49 MW of 2015, according to the Spanish Photovoltaic Union (UNEF). 5 Autonomous Communities concentrate more than 70% of the photovoltaic solar power installed in Spain: Castilla La Mancha, Andalusia, Extremadura, Castilla y León and Murcia region. 

There are several factors that are driving this positive news, among them the decrease in the cost of generating photovoltaic solar energy, which has fallen by 73% since 2017 and could be reduced by half in the next two years.The management and maintenance of the facilities already built as well as the export of goods and services have stood out in 2017 and 2018 as the main sources of value for the sector.

The emerging market of self-consumption facilities.

The growth of self-consumption facilities has also been a point of discussion at Foro Solar. According to Joan Groizard Payeras Director de Energías Renovables en el Instituto de Diversificación y Ahorro Energético, self-consumption plays a fundamental role and changes in regulation, unlocking the main obstacles, will define new self-consumption models, simplifying the situation.

To make the construction of small facilities possible, establishing fiscal incentives and a stable legal framework are undoubtedly the engines that the self-consumption market needs. According to UNEF information, sectors such as agriculture, wine, agri-food, distribution or hotel have already opted for photovoltaic technology obtaining a significant reduction in the costs of electricity supply and increased competitiveness.

The "dragging effect" of the photovoltaic sector

The impact of the photovoltaic sector on the demand for goods and services from other economic activities has a particular impact on its direct contribution to GDP, in the professional services, real estate, insurance and transport services, as well as engineering services. The environmental benefits and the reduction of energy dependence derived from Photovoltaic Solar energy complete the perfect setting for the development of projects in the sector in Spain.

 

International presence of Spanish companies in the photovoltaic sector.

Companies in the Spanish photovoltaic solar industry had special relevance in the power allocation processes that have been held in recent years in countries such as Saudi Arabia, Argentina, Brazil, Chile, Dubai, El Salvador and Mexico.

 

 

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