NCMC’s Circular 1/2021, dated 20 January, develops a regulatory framework whose primary purpose is to facilitate grid access to electricity producers, including energy storage facilities. It removes obstacles that could prevent access to new market operators and electricity from renewable energy sources.
The Spanish Companies Act stipulates some actions to protect the rights of minority shareholders to ensure the continuity of the company.
Spain’s Entrepreneurial Strategy will focus on various sectors to make Spain a fully entrepreneurial country by 2030. Industry, energy, telecommunications, or biotechnology are only some of the main sectors that will help with the conversion.
Royal Decree 1183/2020, of 29th December 2020, introduces relevant modifications on grid connection and feed-in permits for energy projects in Spain. An overview of the essential aspects of the new regulations.
The submission and acceptance for prior administrative authorization, the favourable environmental impact statement, or the administrative authorization for construction are some administrative requirements established in the new Royal Decree-Law 23/2020.
Law 5/2021, dated 12 April, which amends the Revised Text of the Spanish Capital Companies Act, introduces the possibility of holding general shareholders’ meetings exclusively through telematic means.