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The regulatory framework for PV and storage, country by country.

A synthetic, non-exhaustive overview of the regulations applicable to solar energy sales and battery storage across our operating countries.

Regulatory framework

Electricity sales regulation, country by country.

An educational summary of the framework applicable to photovoltaics (PV) and battery storage (BESS) in our operating countries — France, Spain, Peru, Bolivia.

Photovoltaics (PV) — sales and self-consumption

CountryApplicable frameworkSales mechanismKey takeaway
FranceSelf-consumption with surplus sale (S21 tariff orders)Mandatory contract with the grid operator (Enedis); surplus sold at the regulated S21 tariff or on the marketSimplified procedures up to 500 kWp; collective self-consumption recognized
SpainAutoconsumo con excedentes (RD 244/2019)Simplified surplus compensation (< 100 kW) or sale on the OMIE day-ahead market above that thresholdCollective and remote self-consumption recognized; procedures vary by power level
PeruDistributed generation / net metering — draft regulation (Ministerial Resolution No. 439-2024-MINEM/DM)Bilateral contracts with a free user ("usuario libre", > 200 kW) already possible; net metering for distributed generation not yet in forcePublic consultation closed end of January 2025; status of the final decree to be confirmed before any decision
BoliviaClosed market, roughly 85% controlled by state utility ENDE Corporación (Law No. 1604, 1994)Industrial self-generation with residual legal basis only; no open spot market or structured PPA frameworkA bill (May 2026) proposes public auctions and private marketers, but has not yet been adopted

Battery storage (BESS) — regulatory status

CountryFramework statusSales mechanismKey takeaway
FranceFramework under development (CRE consultations, Climate & Energy law)Standalone storage recognized as its own category; market access (capacity, balancing mechanisms) via a supplier/producerNo dedicated battery license to date; participation via existing mechanisms
SpainEstablished framework (RDL 23/2020 reform)Storage recognized as an independent activity; dedicated access and connection permits, participation in balancing and capacity marketsBESS market growing strongly since 2024-2025
PeruUnder development — draft ancillary services regulation (Ministerial Resolution No. 171-2026-MINEM/DM)A few pilot deployments exist (e.g. Chilca Uno, ~26.5 MW); no dedicated remuneration mechanism to dateRegulation still in public consultation; short-term regulatory uncertainty
BoliviaNo specific standard identified (Cámara Boliviana de Electricidad, 2026)One notable project only, an isolated off-grid micro-network (Cerro San Simón); no mechanism dedicated to grid-connected storageA May 2026 bill mentions an intent to formalize storage, with no regulatory text to date
See France in detail →See Spain in detail →See Peru in detail →See Bolivia in detail →

Simplified, educational overview, non-exhaustive and not constituting legal advice. Framework verified at publication date — to be confirmed with our team before any investment decision.

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