Spanish law firm Rödl & Partner provides an update on distressed solar power purchase agreements (PPAs) in Spain, focusing on the impact, and economic and legal consequences, of the Covid-19 pandemic.Over the past few years, the Spanish power market has become the epitome of subsidy-free renewables in Europe. Due to rising wholesale power prices and plummeting costs for large-scale PV, the Spanish solar market has built up an impressive subsidy-free pipeline. In 2018 and 2019, wholesale market revenues of PV projects exceeded the levelized cost of generation (LCOE) by up to €30/MWh. Against this ...Den vollständigen Artikel lesen ...
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