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Solar and offshore wind capacity objectives of Spain to be lowered

16/06/2010 09:15 Renewable

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Spanish solar and offshore wind capacity targets have been reduced, though keeping the goal of deriving 20 percent of its electricity from renewable energy.

Spain cut its solar electricity objective by 14 percent, targeting to install 13.45 GW solar power by 2020, according to Renewable Energy Plan issued by the Institute for the Diversification and Saving of Energy. Spanish solar energy market boosted while the existence of encouraging government feed-in tariffs, but further cuts in incentive schemes discouraged new installations. As for the offshore wind capacity installation target, Spain has cut it by 40 percent, aiming to install 3,000 MW by 2020.

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