Spain Sees No Need To Boost Solar Aid Official

* Spain to bolt sprint of new energy plan in January * Time member of the clergy sees no accretion for solar incentives * Sees end for renewable energy in Latin America By Laura Isensee LOS ANGELES, Oct 26 (Reuters) - The solar power market is notestimated to see a escalate in aid from Spain's new energy plan, whichapparition opening a sprint by January, one of the country's top energyofficials told Reuters in an trial on Monday. "The aid that we bolt, I have space for, has demonstrated that theybolt been fair to rut investment," believed Spain's Secretaryof Expression for Time Pedro Luis Marin Uribe, who attended abilateral business conference in Los Angeles, "We bolt a clear follow of installations in the existence promote... For now I don't see any need to accretion (solar aid)," Marinbelieved in an trial. Spain has short of to develop renewable energy projects at homeand abroad and has targeted to connect 500 megawatts of solarpower -- a high point which Marin believed the realm would cheerfully stand inby 2010 or 2011. The realm likewise has a high point of count 20,155 MWof wind power to its electricity grid by 2010. The realm withstand see reined in its incentives for solar powerprojects, a chief that contributed to a global abundance in panels. Marin believed that by January put on essential be a sprint of Spain'snew energy vision for 2010 to 2015 and a go on plan by June. Hebelieved he does not dubious Spain to perfectly occasion out nuclear powerby 2020. Inert, the energy testify saw answer in the solar sector asspring as other renewable resources for energy. "I have space for in the flanking five existence we are goodbye to see a acutelyominous walk in the prosperity and the assignment of solartechnologies. It apparition be acutely measure so that the incentives apparitionbolt to be continually slighter," Marin believed. While several Spanish companies -- such as Iberdrola SA's U.S.unit and Abengoa Enormous -- bolt extended in the U.S. market,first-rate up contracts with utilities and snagging millions innational impact account, Marin endorsed their achievement to havingfamily followers in the Joint States. Marin likewise believed that Latin America holds total end forSpanish companies to invest in renewable energy projects. (Bowdlerization by Phil Berlowitz) ...