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Spain Sees No Need To Boost Solar Aid

REUTERS - The solar power market is not likely to see a boost in aid from Spain's new energy plan, which will debut a draft by January, one of the country's top energy officials told Reuters in an interview on Monday.

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"The aid that we have, I think, has demonstrated that they have been sufficient to draw investment," said Spain's Secretary of State for Energy Pedro Luis Marin Uribe, who attended a bilateral business conference in Los Angeles,

"We have a clear pathway of installations in the years ahead ... For now I don't see any need to increase (solar aid)," Marin said in an interview.

Spain has pushed to develop renewable energy projects at home and abroad and has targeted to connect 500 megawatts of solar power -- a goal which Marin said the country would easily double by 2010 or 2011. The country also has a goal of adding 20,155 MW of wind power to its electricity grid by 2010.

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