Naturgy

Ence Energia is to sell 5 PV plants to Naturgy for EUR62m

Spanish power company and also pulp manufacturer Ence is selling a portfolio of five solar PV properties in southerly Spain to energy Naturgy.

Spanish power and also gas utility Naturgy Energy Group SA (BME: NTGY) introduced on Wednesday that it has actually commenced construction of 2 50-MWp solar PV farms in Andalusia, southern Spain.

Spain's most recent renewables public auction closed with solar PV prospective buyers being granted just 866MW of capability, with gamers such as Naturgy and Bruc among the winning participants.

Spanish solar tracker maker Gonvarri Solar Steel said on Wednesday that it has safeguarded agreements with power and gas utility Naturgy Energy Group SA (BME: NTGY) to provide its modern technology for 144 MW of projects in the house.

The Spanish power team plans to make investments worth 14 billion euros by 2025, of which roughly two-thirds will certainly be earmarked in the direction of boosting eco-friendly generation. The second area of investment will be gas and power grids, primarily in Spain. The rest will be allocated to maintaining existing possessions and also boosting the company's industrial positioning version.

10-year bargain will certainly be powered by both solar and wind power

Solar PV bidders protected two-thirds of assigned capacity in the first of Spain's brand-new renewable resource auctions, which was held the other day (26 January) as well as was more than three times oversubscribed.

Spanish energy Naturgy has partnered with gas grid operator Enagás to advance a green hydrogen plant together with a 400MW solar PV project in Spain's Castilla y León area.

LONGi has finished distribution of 101MW of bifacial panels to a utility-scale solar array stepping forward in Chile's Antofagasta region.

The new generation capacity comes from three 50 MW solar projects Spanish energy company Naturgy secured in an auction by the Spanish government in 2017. The installations are near Ciudad Real, in the central-southern region of Castilla-La Mancha.