MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

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CORRECTED-MNI INTERVIEW: NBH To Hold Rates

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

MNI: PBOC Net Injects CNY968.8 Bln via OMO Friday

MNI: FRANCE OCT HICP +0.3% M/M, +1.6% Y/Y

MNI: UK Q3 GDP +0.1% Q/Q, +1% Y/Y

MNI: UK SEP TRADE BALANCE GBP -3.46BN

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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RENEWABLES: Spanish Solar Oversupply Risks Investments in New Capacity

RENEWABLES
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The oversupply of solar PV plants in Spain has pushed down prices, which in turn may hinder investments in new projects, a study by Aurora Energy Research showed, cited by Bloomberg. 

  • Battery storage may only partially be able to mitigate the country’s excess solar generation.
  • Solar capture rates in Spain have fallen significantly which could hinder investments in new capacities.
  • Spain has added 725MW of new solar PV capacity in September with total capacity reaching 28.61GW as of 1 October, data from Red Electrica showed.
  • Spain plans to add 12.5GW of battery capacity and thermo-solar storage by 2030 according to Bloomberg. 
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The oversupply of solar PV plants in Spain has pushed down prices, which in turn may hinder investments in new projects, a study by Aurora Energy Research showed, cited by Bloomberg. 

  • Battery storage may only partially be able to mitigate the country’s excess solar generation.
  • Solar capture rates in Spain have fallen significantly which could hinder investments in new capacities.
  • Spain has added 725MW of new solar PV capacity in September with total capacity reaching 28.61GW as of 1 October, data from Red Electrica showed.
  • Spain plans to add 12.5GW of battery capacity and thermo-solar storage by 2030 according to Bloomberg.