Spanish solar PPA prices held steady in the second quarter, posting Europe’s lowest price at EUR 38.50/MWh compared with Italy’s EUR 64.28/MWh, LevelTen said.
France and Germany came in at EUR 69.75/MWh and EUR 65/MWh respectively, it added.
Spain’s abundant cheap, clean energy supply would “entice renewable hydrogen and data centre investments”, said LevelTen, which pointed to Amazon’s recent data centre investments in the country as an example.