Spain will invest between € 4bn ( $ 1 ) and € 5bn ( $ 6.2bn ) in the large - scale solar industry , according to Jose ##o , president of the Union Espanola Fotovoltaica ( plc ) . governments across the country are currently reviewing photovoltaic proposals with a combined capacity of 24 GW , including Donoso , while the industry is expected to grow by € 1bn-€2bn annually from 2020 . However , a lack of grid connection infrastructure and legal insecurity continue to hamper industry development in Spain .
Spain will invest between €4bn ($5bn) and €5bn ($6.2bn) in the large-scale solar industry, according to Jose Donoso, president of the Union Espanola Fotovoltaica (UNEF). Authorities across the country are currently reviewing photovoltaic proposals with a combined capacity of 24 GW, said Donoso, while the market is expected to grow by €1bn-€2bn annually from 2020. However, a lack of grid connection regulation and legal insecurity continue to hamper industry development in Spain.