Enel and Hive Energy To Develop More Solar Projects in Spain Without FIT

The Italian utility has started approval proceedings to build six “grid-parity” projects totaling 257 MW in the region of Extremadura, while the UK-based developer is planning to build a 45.6 MW solar plant for the spot market in Andalusia.

The development of large-scale solar plants has been seeing a resurgence in sunny southern countries such as Italy, Portugal and Spain over the past months, although no direct or indirect incentives are currently being granted to big solar parks in these countries.

In Spain, where a good number or “grid-parity” solar projects were announced over the past years, there has been an acceleration over the past months, during which several projects for big PV facilities were approved or secured PPAs and other financial agreements.

Meanwhile, two more companies, Italian power utility Enel and UK project developer Hive Energy have announced they are also planning to build more solar parks in southern Spain.

As for the Italian energy giant, it has submitted for approval to the regional government of Extremadura six solar power projects with a combined capacity of 257.2 MW, according to a document published on the region’s official journal.