More Renewable Energy Installations Proposed in Spain

Spain’s solar power objective supported by its government is complemented by plans set for growth in other forms of renewable energy, including wind power, hydro power, biomass, biogas, and thermal solar energy.

Spain’s overall objective is for renewable energy to account for 12.1% of Spain’s total power supply by 2010, compared with 6.9% at the end of 2004. The objective for solar power installations is now 400 MW by 2010, compared with a previous objective of 144 MW. The installed capacity at the end of 2004 was 37 MW. Government funding of $832 million (680 million Euros) has been allocated to meet the renewable energy plan on the basis that it will reduce pollution and dependency on oil. Spain’s new “Plan de Energias Renovables 2005-2010” proposes an increase in solar photovoltaic power installations, for which the inverter markets are well suited. “The new Spanish plan calls for very significant solar power growth, and Xantrex inverters are well positioned to meet the expected demand,” said Mossadiq S. Umedaly, Xantrex’s chairman. “Our new 3 kW Grid-Tie inverter for homeowners and small businesses, which is reliable, efficient and easy-to-install, is well-suited for Spain’s hot ambient temperatures.”

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