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Five Facts about the Potential of a Hydroelectric Power Plant

Hydroelectric power plants use hydropower to generate renewable electricity. The process converts the natural flow of water into kinetic energy, which a turbine then converts into mechanical energy and subsequently into electrical energy when the turbine is coupled to a generator. To harness water's kinetic energy, these plants are built next to dams that have been designed to create a powerful waterfall.   Advantages of hydroelectric power plants 1. Extremely low operating costs. Compared to ot...
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Offshore wind farm: advantages and opportunities in the middle of the ocean

Producing energy from an offshore wind farm provides major advantages and opportunities that are extremely attractive for investors and owners. You may have heard that an offshore wind farm has a higher cost than onshore wind installations. This is because it requires advanced-technology foundation works in the sea (for permanent wind farms) as well as technicians with higher qualifications for its installation. Despite this higher outlay, the possibilities and opportunities of offshore wind ene...
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Vector Cuatro closes a project finance for a 40.8 MW PV portfolio

Vector Cuatro has closed a 48,5 mm€ financing for a 40,8 MW PV Portfolio in Spain. The company has worked on the transaction as advisor for the whole financing process, since the initial structuring until the final closing. Thus, the Spanish multinational has provided advice during the whole financing including financial modelling, negotiation with the Lenders, coordination of the DD process and negotiation and closing of all the financing documents, among others services. Since its foundation i...
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Second renewable energy auction in Spain to be held in July. Understanding the changes in the Auction rules.

Following the announcement by the Government that a new auction will be held before the summer, it was published the Royal Decree 650/2017 by which is approved a 3,000 MW auction for new renewable energy capacity. Although it has still not been officially published, according to the draft published by the CNMC, it is expected that the auction will take place on July 18. and the deadline for submitting the prequalification will be on July 13. There are some changes in the auction terms but the se...
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