Forecast: Spain's renewable power generation to top 50% this year

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Spain is on track to generate more than half of its power from renewable sources this year, the first of the top five European countries by power demand to accomplish this feat, according to Rystad Energy forecasts.

Spain will reach this significant decarbonization milestone this year, with renewable-sourced generation surpassing the 50% average in 2023, beating France, Germany, Italy and the UK to this record. Spain has been one of the long-time leaders in the European renewables sector, making substantial investments in solar and wind capacity over the last 10 years. In particular, the country was an early adopter of onshore wind, technology that now accounts for more than 20% of Spain’s power generation. Significant solar PV investments have also ramped up... ... More: Official Press Release Rystad Energy

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