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Spain’s renewables capacity rose almost 30% in November with respect to 2021(4,7 vs 3 GW)

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Spain renewablesRenewable capacity in Spain up almost 30% vs 2021

Posted By: The Corner 21st December 2022

Norbolsa | Redeia (RED) has published its data for November 2022 regarding monthly installed capacity in Spain. The figure for renewables capacity in the year was significant, 4,7 GW (almost 30% higher than the total installed capacity in 2021) vs 3 GW for the same dates in 2021 (1.6x).

Opinion: November was a somewhat disappointing month, adding just 208 new MW of renewable capacity (167 MW of solar and 41 MW of wind). With that, Spain will have to make a final push in the last month of the year if it wants to reach the objective established of 5,5-6 GW of new renewable installations for the year.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.