Hoenergy is waiting for you at the Madrid fair
Location: IFEMA Madrid Spain
Date: 21-23 February 2023
Booth: 10G24
Energia Madrid is one of the largest and most influential environmental energy exhibitions in Spain. Since its inception in 2003, Energia has been an international exhibition dedicated to the environmental energy industry and has been successfully held for 17 years, attracting dealers, distributors, manufacturers, and other industry players from all over the world. Decision makers, distributors and potential customers from the industry meet here to discuss their business plans.
Spain is a world leader in all solar-related technology industries. Spain ranks third in Europe in the solar photovoltaic industry and fifth in Europe and eighth in the world in terms of installed power. In terms of solar thermal power, Spain is the country with the largest installed capacity. Regarding the concentration of solar energy, Spain ranks first in the world with the installed capacity of its commercial systems. In addition, the world’s leading companies in the thermoelectric industry are in Spain. 78% of the projects related to solar thermal power are carried out by Spanish corporate bodies.
According to the latest data, by 2030, solar energy is expected to reach a capacity of 47.1 TWh, making it the country’s main source of electricity, followed by wind (31.0 TWh), combined cycle plants (24.5 TWh), hydroelectricity (23.0 TWh), combined heat and power (8.5 TWh) and nuclear power (7.1 TWh). Overall, the demand for energy storage is expected to reach 2.3 TWh. In this scenario, renewables will account for 70% of Spain’s electricity mix, while solar will reach a cumulative installed capacity of around 77 GW, followed by wind at 47.5 GW.