spain

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Spain Announces €2 Billion Funding Package for Energy Transition

The Ministry for Ecological Transition and the Demographic Challenge (MITECO) has announced a new €2 billion (~$2.3 billion) aid package aimed at strengthening the...

November 18, 2025

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Melvin Mathew

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Solar

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Wind
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Spain Expands Grants for Energy Storage Projects to €840 Million

Spain’s EPE Institute for Energy Diversification and Saving (IDAE) has approved the expansion of the budget allocation for non-repayable grants to support 2,416.54 MW of...

October 31, 2025

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Staff

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Energy Storage

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Market & Policy
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Spain’s Cumulative Installed Solar Capacity Crossed 40 GW in 2024

Spain’s total installed solar capacity reached 40,294 MW at the end of 2024, according to the Spanish Solar Photovoltaic Association’s (UNEF) annual report. In 2024,...

October 28, 2025

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Melvin Mathew

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Markets & Policy

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Solar
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Indian Grid Authorities Call for Action to Prevent Spain-Type Power Blackout

Electricity grid authorities in India have called for a series of actions to prevent an Iberian Peninsula-type blackout disrupting power supply for hours on April 28,...

September 17, 2025

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B.S. Nagaraj

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Grid

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Market & Policy

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Renewable Energy

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Utilities
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EIB Pledges €1.6 Billion for France-Spain Electricity Interconnection

The European Investment Bank (EIB) has pledged €1.6 billion (~$1.84 billion) to finance the construction of the Bay of Biscay electricity interconnection between France...

June 19, 2025

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Staff

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Finance and M&A

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Grid
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Daily News Wrap-Up: Assam Approves ₹52 Billion Transmission Modernization Project

The Assam government has approved a ₹51.97 billion ($624.4 million) project to modernize the state’s power distribution system. The approved project, funded under the...

September 28, 2023

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Mercom Staff

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Daily Wrap-up
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Green Energy Group Bruc Secures €600 Million for Portfolio Expansion in Spain

Madrid-based green energy group Bruc has signed a financing agreement with seven prominent entities, securing €600 million (~$633.8 million), which will be utilized in...

September 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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EIB Greenlights $636 Million Loan for Repsol’s Renewable Energy Initiatives

The European Investment Bank (EIB) has approved a €575 million (~$636.7 million) loan to support global energy company Repsol‘s renewable projects in Spain. The...

July 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: Winners of GUVNL’s 800 MW Solar Auction

KPI Green Energy, SAEL Industries, and NLC India have won Gujarat Urja Vikas Nigam’s auction to develop 800 MW of grid-connected solar power projects (Phase XX) at the...

July 4, 2023

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Mercom Staff

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Daily Wrap-up
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Spain Updates National Energy Plan, Targets 76 GW of Solar by 2030

Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has issued the draft update of the National Integrated Energy and Climate Plan...

July 3, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Endesa Secures $545 Million to Develop 4.8 GW of Renewable Projects in Spain

Endesa, a Spain-based electric utility company, has signed sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito...

July 3, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Iberdrola, Norges Bank Ink $1.3 Billion Deal to Develop 1.26 GW Renewables

Spain-based independent power producer Iberdrola and the sovereign fund of Norway, managed by Norges Bank Investment Management, have committed to a joint investment of...

June 1, 2023

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Jinko Solar’s Subsidiary to Build 56 GW Integrated Solar Manufacturing Unit

Jinko Solar’s majority-owned subsidiary, Jiangxi Jinko Solar, has proposed plans for production lines with an annual capacity of 56 GW to manufacture monocrystalline...

May 24, 2023

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Gautamee Hazarika

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Finance and M&A

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Manufacturing

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Solar
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Solar Tracker Company Soltec’s Q1 Net Loss Narrows to €9.6 Million

Solar tracker maker Soltec Power Holdings’s net loss narrowed to €9.6 million (~$10.4 million) in the first quarter (Q1) of the financial year 2023 compared to a net...

May 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Spain Installs 2.6 GW of Rooftop Solar Capacity in 2022

Over 2,649 MW of rooftop solar capacity was installed in Spain in 2022, according to the annual report published by the Spain’s Association of Renewable Energy...

March 7, 2023

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Arjun Joshi

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Markets & Policy

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Solar

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