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The article offers information on regulations concerning renewable energies in Spain. The first attempt to regulate the economic regime of renewable energies in Spain was Royal Decree (RD) 2366/1944. RD 661/2007 is stated to represent a significant improvement to the legal and economic regime applicable to the generation of electricity from renewable energy sources. The need to enhance the development of renewable energies gave rise to the approval of RD 661/2007. RD 661/2007 introduces the possibility of re-powering old wind parks. RD 661/2007 is stated to represent a regulatory instrument that seeks to implement and give effect to the Spanish government's policy and strategy on renewable energies.

Infranity, part of Generali Investments, has provided €68 million ($72m) to Rotonda Group-owned Planea Energia for the construction of a 141MW PV portfolio in Belinchon, Spain. The financing for the 3-asset portfolio was done through a bond issue via Alter5, a financing and M&A platform for renewables projects. [Extracted from the article]

Iberdrola and Copenhagen Infrastructure Partners signed separate loans to develop renewable energy projects in Spain, as analysts say renewable energies are now cheaper for consumers than their fossil fuel counterparts in major markets. [ABSTRACT FROM AUTHOR]

Red Eléctrica de España has received approval from the Spanish Ministry for the Ecological Transition and the Demographic Challenge for the environmental impact statement (EIS) of its Spain-Portugal North interconnector project. Once operational, the interconnector will increase the current exchange capacity by around 1GW - reaching a total of 4,2GW from Spain to Portugal and 3,5GW from Portugal to Spain. [Extracted from the article]

Copenhagen Infrastructure Partners, the Danish renewable energy investor, has signed a €380m green loan to finance a wind farm in Spain, as analysts say renewable energies are now cheaper for consumers than their fossil fuel counterparts in major markets. [ABSTRACT FROM AUTHOR]

ABB, a Swedish-Swiss technology company, has been chosen by Red Electrica, a subsidiary of Spanish TSO Redeia, to supply synchronous condensers for the electricity grid in the Canary and Balearic Islands. This is part of Red Electrica's Network Development Plan to increase the share of renewables in the Spanish generation mix to 67%. ABB will deploy three synchronous condensers in the Canary Islands and one in the Balearic Islands. These condensers are important for stabilizing the grid when renewable energy loads fluctuate. Red Electrica is also working on other projects in the Canary Islands, including a pumped storage hydropower plant and a subsea cable. [Extracted from the article]

Spain's Dominion Global has started commercial operations of its El Soco solar park in the Dominican Republic. [ABSTRACT FROM AUTHOR]

Naturgy has started construction on a 300 MW solar project it is developing in Texas, making it the Spanish renewable developer's first solar project in the country. [ABSTRACT FROM AUTHOR]

The corridor would secure a hydrogen supply chain between major ports Rotterdam and Algeciras, Spain, for the supply of clean fuel to industry and maritime transport in the Bay of Algeciras and Rotterdam. Spanish oil and gas company Cepsa and the Port of Rotterdam are planning to establish the first green hydrogen corridor between southern and northern Europe. [Extracted from the article]

Reports on the amendment of municipal taxation in Spain by the Law 51/2002 on January 1, 2003. Objective of the Law; Modification of tax on business activity; Business figures of the tax payer from January 1, 2003 onwards.