Law firms as escrow agents in business transactionsAn escrow agreement is a contract between 3 parties: the buyer, the seller, and an impartial third party called the escrow agent. The escrow agent holds money or assets until certain terms of the agreement are met. Law firms can act as escrow agents, providing agility, security, trust and cost savings in business-to-business transactions.Read more
Alternatives to energy commercialisation in SpainIn Spain, the trading status is necessary to sell or resell energy on the market, a lucrative activity, although burdensome in practice for some market players. Collective self-consumption, and the approach of a specific contractual structure, stand out as alternatives to energy commercialisation.Read more
Spain speeds up environmental permits for renewablesThe approval of temporary regulations by the EU and the Spanish Government to speed up the processing of EIS (environmental impact statements) provides an incentive to boost the development of renewable energy projects in Spain.Read more
Is the sale of CBD legal in Spain?In Spain, CBD lacks specific regulation and is governed by international conventions and the oversight provided by the Spanish Agency for Medicines and Health Products (AEMPS).Read more
Is the sale of CBD legal in Spain?CBD, a chemical in the Cannabis sativa plant, has gained popularity in Spain and other countries due to its medicinal properties. The Court of Justice of the European Union has approved its sale. Despite limited regulation in Spain, there are adequate control mechanisms for CBD sales.Read more
Access rights and grid connection to transmission and distribution networks in Spain, Circular 1/2021NCMC’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.Read more
The enforcement of financial guarantees in photovoltaic projects: The Royal Decree-law 23/2020Royal Decree-law 23/2020 approves a new framework that identifies a series of steps to develop energy projects in Spain. It highlights a higher degree of compliance and certainty for the energy market but implies a higher level of risk for developers and investors.Read more
What are the steps to follow to build a solar plant in SpainSolar plants in Spain require many legal requisites, including securing the land rights where they will be located, requesting access points and connection to the electricity grid and depositing guarantees.Read more
The Development Phase of a Photovoltaic Project in SpainPhotovoltaic projects in Spain require a pre-construction phase. Phase I consists of the provision of “development services” based on obtaining the necessary permits, licenses and authorisations to initiate the execution of the plant.Read more
Can I open a Cannabis Social Club in Spain?Cannabis Social Clubs are registered as non-profit associations and lack specific regulation in Spanish legislation. Their legal vacuum has been replaced by recent jurisprudence by the Supreme Court.Read more