The Spanish photovoltaic sector foresees investments of up to 5,000 million euros by 2020

  • Currently, the photovoltaic projects in process in the different Autonomous Communities add up to a total of 24 GW.
  • The development of the photovoltaic sector opens an international market in constant growth and with an estimated value of 100,000 million euros per year.
  • Institutionalized legal insecurity is one of the main barriers that prevent a more stable development of the market in Spain.

In the next two years, until 2020, in the Spanish photovoltaic sector is expected a rapid growth of investments, which will reach between 4,000 and 5,000 million euros, according to data presented today by José Donoso , General Director of the Spanish Photovoltaic Union (UNEF) during his appearance before the Commission of Energy, Tourism and Digital Agenda of the Senate focused on explaining the present and future challenges of the photovoltaic industry.

Donoso has stressed that, from 2020, the most likely scenario is that investments in the sector in our country will be established at a level of between 1,000 and 2,000 million euros per year, which highlights the capacity of photovoltaic technology to create business opportunities, in addition to responding to the challenge of climate change. In addition, at the international level, the development of photovoltaic means the definition of a market in constant growth with an estimated value of 100,000 million euros per year, which can reach 400,000 million euros per year in 2030. To consolidate this positive trend, it is It is essential that countries and companies continue investing in R & D.

Currently, the photovoltaic sector is experiencing a reactivation phase in our country, looking for alternatives to the auction, such as going directly to the market or bilateral energy purchase and sale contracts, known as PPAs. This positive stage has materialized in the processing of numerous photovoltaic projects in different Autonomous Communities, including Extremadura, Castilla-La Mancha, Andalusia, Aragon, Murcia and Castilla y León, which total a total of 24 GW.

The main barriers that hinder the development of the sector in Spain are the institutionalized legal insecurity, with the threat of cutting the reasonable profitability of renewable projects, updating the regulation of access conditions and connection to the network, delays in the payments of the final settlements for the photovoltaic projects in non-peninsular territories and the streamlining of the planning of the networks, both of Red Eléctrica de España, and of the distribution companies.

Finally, regarding self-consumption, Donoso recalled that the main barriers are administrative, due to the complex processing, and economic, with the backup toll - the so-called "sun tax" but, despite these obstacles, has highlighted the encouraging result of the year 2017 with about 130 MW made.

The appearance video is available here.

About UNEF

The Spanish Photovoltaic Union (UNEF) is the sectorial association of photovoltaic solar energy in Spain. Formed by more than 250 companies, entities and groups of the entire technology value chain, it represents more than 85% of the activity of the sector in Spain and brings together almost everything: producers, installers, engineers, raw material manufacturers, modules and components, distributors and consultants. UNEF also holds the presidency and co-secretariat of FOTOPLAT, the Spanish technological photovoltaic platform. The platform brings together the universities, research centers and leading companies of photovoltaic R + D in Spain.

For more information

Kreab UNEF

Tlf. 91 702 71 70 Tlf. 91 781 75 12

Angel García Merino Elisa Noli                                            

agmerino@kreab.com                           comunicacion@unef.es