Q Cells discharges 50-MW project in Spain to NextEnergy's solar fund

Sep 10, 2021 09:39 AM ET
  • Solar products maker Q Cells has actually created as well as offered its 50-MW Agenor PV project in Spain to NextEnergy Capital's third solar fund, the celebrations introduced separately on Thursday.
Q Cells discharges 50-MW project in Spain to NextEnergy's solar fund
Image: Takver

For the fund, NextPower III ESG (NPIII ESG), the purchase stands for the very first acquisition of a solar PV possession in Spain, it stated.

Financial information were not shared.

The Agenor site lies near the city of Jerez de la Frontera, southern Spain, in a place called Las Majadillas. Q Cells developed it via its Green Energy Solutions (GES) department, and also will certainly act as the EPC and O&M specialist for the project going forward.

Building and construction operates at Agenor have actually currently begun. Q Cells' team will install an overall of 116,592 solar modules placed on single-axis trackers, the company said.

The plan is to finalise the project by the second quarter of 2022.

When online, the Agenor solar farm will certainly run under a power purchase arrangement (PPA) with a "international investment-grade company off-taker", NextEnergy Capital added.




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