The Spanish Ministry of Industry reports that approvals for new solar photovoltaic projects rose in Q2/2009 after having dropped sharply in the first quarter. The total capacity of newly approved projects is 130 MW, up from 88.7 MW for Q1.
The legislation governing Spain’s feed-in tariff system provides for adjustments based on quarterly approvals of rooftop and stand-alone installations. Since new approvals in the latter category amounted to 95 MW, slightly above the adjustment threshold of 94.5 MW, the new tariff for stand-alone PV installations will drop from 30.7 eurocents to 29.9 cents per kWh.