May 28, 2024 09:56 GMT
Spanish Rooftop Solar Additions Plunge in Q1
RENEWABLES
Spanish rooftop solar power additions from households and firms declined in Q1 by 26% on the year, solar industry group UNEF’s CEO Jose Donoso said, cited by Reuters.
- "The fall in residential self-consumption has hit the bottom in the first quarter, but it is now spreading to the industrial sector," Donoso said.
- New installed solar capacity by households declined by 15% on the year in the first quarter of this year, while industrial customer installations fell by 30%, he said.
- The decline was driven by lower energy prices and less impact of subsidies.
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