The Spanish Electricity Market & Solar Power Generation: Regulated Schemes, Power Purchase Agreements, and Merchant Risk
In this commentary, DBRS Morningstar examines the solar power generation market in Spain, starting with a look at the Spanish electricity market and generation from renewable sources, in particular solar power projects. We then highlight certain aspects of DBRS Morningstar’s approach to rating solar power projects, including projects that may have a merchant revenue component, which are on the rise in the Spanish market.
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