Velog News
|General

Spain's photovoltaic crisis solved

Especially in sunny Spain there are enough natural resources for the expansion of photovoltaics.

But in recent years, renewable energies have been the subject of a huge political upheaval. As a result, promised premiums were suddenly and retroactively cancelled. Many companies and investors sued the state. Now Spain is trying to repair the damage.

According to the decree, the state guarantees plant operators who withdraw their complaints by 30 September 2020 or waive already awarded compensation a profitability of 7.389 percent annually until 2032.

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A two-story building with solar panels on the roof, featuring large windows and a red roof. A person walks by in the foreground.

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Hot Water for a Boarding School Building in Kenya

The 50 children took cold showers for years. my-PV provided autonomous heating for Kenya’s fragile power grid.

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Tablet displaying graphs on a desk beside a pen and notebook, with "New Prices effective July 1, 2026" text overlay. Bright office background.

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New prices for my-PV products effective July 1, 2026

Due to rising personnel, material and production costs, a price adjustment is required.

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my-PV accelerates growth: Philipp Baumgartner strengthens international expansion

As new Managing Director Commercial Operations, Philipp Baumgartner will actively drive the internationalization of my-PV.

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