Solar farms in Spain: an investment opportunity
Number of solar farms in Spain.
By the end of 2022, Spain had more than 63,000 photovoltaic installations, of which 54,000 were solar farms. This represents an increase of 40% compared to 2021, making Spain one of the fastest growing countries in the solar PV sector.
Increase of solar farms in Spain.
The number of solar farms in Spain has grown exponentially in recent years. In 2019, there were just 18,000 such installations, which means that in four years it has more than tripled. This growth is due to several factors, including:
- Increasing demand for solar power, driven by climate change and the need to reduce dependence on fossil fuels.
- The falling costs of solar energy, which have made it a more competitive option.
- Public policy support, which has boosted investment in solar energy.
What are the areas in Spain where most solar energy is generated?
The areas of Spain with the greatest potential for solar power generation are those with the most hours of sunshine per year. These areas are mainly located in the south and southeast of the country, such as Andalusia, Extremadura, Murcia and Valencia.
Is it more cost-effective to buy a solar farm or to build one?
The profitability of a solar farm depends on several factors, such as location, size, technology used, construction and maintenance costs. In general, buying a solar farm is more cost-effective than building one, as it avoids the cost of buying land and building the installations.
Is it more cost-effective to buy a solar farm or to build one?
Solar panels have an average lifetime of 25 to 30 years. This means that, if you buy a solar farm, you can pay back the investment within a reasonable period of time.
The profitability of a solar farm in Spain.
The profitability of a solar farm in Spain can vary between 5% and 10%, depending on the factors mentioned above. In general, the profitability of solar farms is higher than that of other traditional investments, such as bank deposits or government bonds.
Should I buy a solar farm or install one?
The decision to buy or install a solar farm depends on the needs and objectives of each investor. If you are looking for a long-term investment with a high return, the most appropriate option is to buy a solar farm. However, if you are looking for a quicker and simpler investment, the most appropriate option is to install a solar farm.
What to consider before buying a solar garden.
Before buying a solar farm, it is important to consider the following factors:
- The location of the solar farm. It is important that the solar farm is located in an area with plenty of sunshine.
- The size of the solar farm. The size of the solar farm will determine the amount of energy it can generate.
- The technology used. There are different solar energy technologies, each with its own advantages and disadvantages.
- Construction and maintenance costs. It is important to consider the construction and maintenance costs of the solar farm.
Where to buy a solar garden.
Avanzze Renovables has a team that advises on the purchase and sale of solar farms as well as other types of investments and commodities. We study your objective and offer you different investment options, then compare the offers before making a decision.
In short:
- Solar farms are an attractive investment opportunity for investors interested in solar energy.
- The profitability of solar farms is superior to other traditional investments, and the investment can pay for itself within a reasonable period of time.
- Before buying a solar farm, it is important to consider the above factors to ensure that you are making the right decision. At this point, you can count on Avanzze Renovables for this advisory service.
You can contact our project department for any questions you may have.