Spain

Spanish investment firm Asterion Industrial Partners has reached a EUR 2.6 billion deal to acquire German energy company Steag GmbH. The proposed transaction includes investment in renewable energy, new green job creation, and is expected to close by 2023.

AXA IM Alts to acquire 25% stake in Finerge, a 2GW renewables platform, to enable decarbonization and electrification investments in Portugal and Spain. Investment to be finalized by end of this year.

Cox Energy of Spain has won a reverse power auction in Guatemala, securing 38.41 MW of solar generation to invest USD 32 million and supply 106.0 GWh annually for 15 years. PEG plan received bids for 1,500 MW.

This research breakthrough makes it possible to develop water-stable perovskites for perovskite solar cells. An innovative additivization strategy was used to achieve this, with the lowest formation energy for a 3C phase with exceptional stability against water infiltration, humidity and thermal stresses. A game-changer for solar cells!

First Solar and Matrix Renewables have come together to deliver 2.1 GW of advanced thin film modules to power projects in the US and Spain. First Solar's technology is low-carbon and EPEAT-approved, with US and India factory expansions along with framework agreement with Energix Renewables. Responsibly powering the future!

Forestalia secures EUR 65 million from IKAV Group to construct 19 wind and solar projects in Aragon, Spain. Banco de Sabadell structures pre-construction debt for major equipment and construction expenses. Forestalia targets 1.2GW of direct operations in the next few years.

L&G NTR Clean Power (Europe) Fund partners with NordLB to finance 3 Spanish solar projects, supplying power for 51,424 homes. Additionally, the Fund acquires a 6-turbine onshore wind project in Narbonne, France, with power for 5500 households. Working with LGIM to accelerate energy transition in Europe.

Solarpack, a Spanish developer, has signed a 10-year power purchase agreement with Shell Energy Europe, providing 105 gigawatt hours of clean energy a year. BBVA is financing the €38m project to support their commitment to sustainability and renewable energy, reinforcing Solarpack's presence in Europe. Shell Energy Europe is excited to be part of this transition to renewable energy, increasing Solarpack's installed capacity to 14,156MW worldwide.

RWE has commissioned Puerta del Sol, a 44MW solar farm featuring 133,000 photovoltaic modules in Guadalajara, Spain. Discover how RWE is leveraging innovative technologies like bifacial modules to make the most of the Spanish sun and reach their energy transition targets, bringing their current total solar capacity in Spain to 140MW.

SKF, a leading Swedish bearing manufacturer, has partnered with Enel to agree a 15-year virtual power purchase agreement (VPPA) from a solar project in Spain. Offering 260GWh/year of renewable electricity, the VPPA will help reduce greenhouse gas emissions and support renewable energy growth.

Grenergy Renovables SL, a Spanish renewables developer-operator, has agreed to sell its 150 MWp Belinchon solar power facility in Cuenca to a European IPP. The transaction is expected to close by the end of the year, with a net profit of EUR 83 million. This is the first milestone of the Valkyria initiative, with 1.1 GW of solar assets to dispose of in Spain and a pipeline of 14 GW, including 1.8 GW of assets and 10 GWh of energy storage projects.

Spanish producer Gonvarri Solar Steel announced on Thursday that it will provide 27 MW of its single- as well as dual-row trackers under an order placed by residential solar projects developer IM2 Energia Solar.

Pair of projects in Ciadad Real have begun construction as well as schedule online in 2024

Spanish solar developer and also installer Solar Energy Structure has actually signed a definitive agreement for the divestment of as much as 90 MW of solar (PV) projects to an unrevealed provided European independent power producer.

Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.