Our Future Is Brighter Than Ever
Last week, a group of 10-year-old kids came to Vector Cuatro, seeking enlightement and inspiration for their final project of renewable energy for school. It was a very fun and illuminating session, where several members of Vector Cuatro Spain explained the basics of Renewable Energy to 4 children from an international primary school in Spain. In this VC Kids Talk, They learnt how a PV plant works, what thermographic […] Read More
Present and Future of Renewable Energy in Spain
EVENT ORGANIZED BY VECTOR CUATRO On June 7, Vector Cuatro hosted the event ¨Present and Future of Renewable Energy in Spain”, a seminar that took place in Madrid, in which the leading exponents in the renewable energy industry gathered to talk about the development, financing and project management in the country. During this seminar, with […] Read More
Vector Cuatro’s new service for assistance in Structuring, Negotiating and Closing PPAs
The development and consolidation of new remuneration schemes has become essential due to low public support and constant regulatory changes within the renewable energy sector. These remuneration systems ensure projects’ long-term profitability at a fixed price, in order to allow financing/bankability of projects. In this context, Power Purchase Agreements (PPAs) between private parties are growing in […] Read More
Second opportunity for renewables in Spain: new 3000 MW auction announced before this summer
The Spanish President Mariano Rajoy has just announced that a new 3,000 MW renewable energy auction will take place before the summer. The draft of the Royal Decree has been already submitted to the CNMC for its review. On May 17th, the government already awarded another 3,000 MW of green power, of which 2,979 MW […] Read More
New renewable energy auction to be held in Spain on 17 May 2017: Are you ready?
The Spanish renewable market has been capturing headlines during the last few weeks. Following the publication, on March 31st, of the “Real Decreto 359/2017 that announced the auction of 2,000 MW extendable to up to 3,000 MW of new renewable energy installations, the government has published the Ministerial order (ETU/315/2017) and the resolutions that approve […] Read More
Spain to host new renewable energy auctions: Restart or hurdles?
In early 2016, the Spanish government held an energy auction for 500 MW of wind power and 200 MW of biomass which was oversubscribed by more than five times and drew criticism for lacking a prequalification requirement to compete. Back in autumn last year, the Spanish government announced then plans to hold a new renewable […] Read More