RIC Energy obtains 96% approval for its solar projects in Spain

RIC Energy obtains construction authorization for 96% of its photovoltaic projects in Spain, marking a key milestone in the renewable energies sector.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

RIC Energy has obtained administrative authorization for construction (AAC) for 96% of its photovoltaic projects in Spain.
This figure, well above the national average, underlines the company’s expertise in managing complex projects and its ability to navigate an often restrictive regulatory framework.
According to figures from the Ministerio para la Transición Ecológica y el Reto Demográfico (Miteco), only 66% of similar projects in Spain received approval within the required timeframe, underlining RIC Energy’s outstanding performance.
With 283 projects approved out of a total of 428, representing a capacity of 28,123 MW, RIC Energy is the undisputed leader in the photovoltaic sector.
The company’s approved projects, which have all passed environmental assessment, reinforce its dominant position in the Spanish solar energy market.

A significant economic and social impact

The development of these projects not only increases energy capacity, but also generates considerable economic and social benefits.
RIC Energy is set to inject 900 million euros into the Spanish economy through the construction of 1,213 MW of new solar capacity.
In addition, these projects are expected to create around 2,000 jobs, providing crucial support to local communities and stimulating the regional economy. This rapid expansion, while promising, comes with challenges that RIC Energy is well prepared to meet.
Rigorous management of deadlines and budgets, coupled with proven expertise in complying with local regulations, is essential to maintain the pace of growth while minimizing operational risks.
RIC Energy’s financial strength and experience in large-scale projects will play a key role in the success of this development phase.

International expansion and technological diversification

In addition to its success in Spain, RIC Energy continues to expand its influence internationally, with a portfolio of 20,000 MW under development on four continents. In addition to strengthening its presence in solar energy, the company is also diversifying its activities with projects in green hydrogen, energy storage and biogas.
This diversification strategy, based on technological innovation, positions RIC Energy as a key player in the global energy transition.
RIC Energy’s ability to integrate new technologies while managing complex international projects testifies to its maturity and long-term strategic vision.
The company confidently navigates an increasingly competitive global environment, capitalizing on its expertise and strength to explore new opportunities while consolidating its existing foundations.

The New South Wales Government has approved Ark Energy’s hybrid solar and battery project in Richmond Valley, combining a solar power plant and long-duration storage.
Nextracker will supply steel frames for solar modules to T1 Energy in a multi-year deal worth over $75mn, aiming to strengthen the local solar supply chain and reduce dependence on imported aluminium.
Geronimo Power has started construction on the Bee Hollow solar park in St. Clair County, a 150 MW project expected to generate $54mn in direct economic impact for the region.
EDF has inaugurated a 1.2 MWc solar power plant and an intelligent electrical grid in Maripasoula, French Guiana, strengthening the energy autonomy of this remote community previously reliant on fuel imports.
EDP has commissioned a solar power plant in Salerno integrating livestock farming, with a capacity of 10 MWc and an annual output of 17 GWh, marking the launch of a hybrid model to be replicated in France and Germany.
Aura Power has finalised financing for its fourth UK solar plant in twelve months, backed by Rabobank, bringing its under-construction capacity to 242 MWp across the country.
The Tützpatz solar project, developed by Vattenfall and powered by GCL System Integration, combines energy production and agricultural use across 93 hectares without public funding.
Koshidaka Group signed a 10-year power purchase agreement with Farmland and Eneres to supply its Tokyo-area facilities with electricity from a 1.6MWAC solar plant located in Annaka.
The PairPHNXX system, designed for rapid deployment in areas without grid access, targets agricultural, military, and industrial markets with a turnkey modular technology.
Ascent Solar Technologies has delivered samples of its flexible photovoltaic technology to two companies for testing in extreme environments, at sea and in space.
Geronimo Power has started construction of the Bee Hollow solar project, valued at $54mn, in St. Clair County, delivering jobs, tax revenue and a partnership with the IMEA municipal agency.
The British government has approved Tillbridge Solar Farm, a 500-MW solar power plant with 2,310 MWh of energy storage, developed by Tribus Clean Energy and Recurrent Energy.
wpd solar France has launched construction of a 140.6MWc photovoltaic park in Marcy, in the Nièvre department, integrating agricultural co-activity across 632 hectares in partnership with five local farms.
Independent energy producer CVE has inaugurated a 12 MWc solar farm on municipal land in Volx, generating 19 GWh annually and an estimated €5mn in economic returns over 30 years.
GreenYellow strengthens its presence in the French overseas territories with the acquisition of 18 rooftop photovoltaic installations in Réunion, totalling 3.1 MWc in capacity, as part of a strategy to consolidate its decentralised energy assets.
The rapid rise of agri-voltaic projects in France raises concerns over agricultural impact, land speculation and the economic viability of a still-emerging model.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
Chinese manufacturer JA Solar has started initial deliveries of its 650W n-type DeepBlue 5.0 module from its automated production site in Yangzhou.
Melvan is issuing local bonds to co-finance two photovoltaic projects in Avignon and Sault, aiming to supplement a total budget of EUR5.5mn ($5.82mn).
The 50 MW Kong solar power plant marks a new step in Côte d’Ivoire’s national grid expansion, with CFA37bn ($60.5mn) in funding and commissioning set for early 2027.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.