Search
Naturgy Harnesses Solar Power in Canary Islands
Naturgy Energy Group SA, a Spanish utility, has commissioned a 4.2-MW solar farm on the island of Gran Canaria in the Canary Islands archipelago. The Salinetas project boasts over 7,700 photovoltaic modules and is estimated to generate 7.2 GWh of electricity annually. The project was successful in the 2021 SolCan solar programme, led by the Spanish government and co-financed by the European Regional Development Fund, with Naturgy obtaining aid support for 44 MWp of solar projects. This new solar farm has enabled Naturgy to boast 100 MW of operational renewables capacity in the Canary Islands, with 45 MW currently under construction.
What Has Naturgy Achieved with Salinetas Solar Farm?
Naturgy has been able to commission the Salinetas project with the support of the 2021 SolCan solar programme, led by the Spanish government and co-financed by the European Regional Development Fund.
The 4.2-MW solar farm on the island of Gran Canaria has a total of 7,700 photovoltaic modules and is estimated to generate 7.2 GWh of electricity annually.
With the success of the Salinetas project, Naturgy now has 100 MW of operational renewables capacity in the Canary Islands, with 45 MW currently under construction.
Naturgy plans to increase its renewables capacity in the Canary Islands to 200 MW by 2024.
Naturgy is committed to investing in renewable energy and the development of solar projects, with plans to add up to 8.4 GW of renewable capacity worldwide up to 2025.
Oct 18, 2023 // Plants, Naturgy, PV Power Plant, Gran Canaria
Naturgy turns sod on Texas PV giant
Naturgy has started constructing a 300MW (DC) solar project in Texas, its largest to date and also its first on United States soil.
The developer is spending EUR264m in the 7V Solar Ranch project, which will certainly occupy a location of more than 800 hectares in Fayette County.
The plant is scheduled to begin commercial operation prior to completion of 2023.
Naturgy stated the plant's strategic location, close to major metropolitan centres such as Houston, Austin, San Antonio and Dallas, will permit it to offer an area of high prospective as well as growing demand.
"Beginning building of this brand-new center is a landmark for Naturgy, not only due to the fact that it is the very first in the USA and the firm's biggest photovoltaic or pv plant on the planet, however additionally since it shows our firm commitment to the development of renewable resources and the energy shift," said Naturgy chairman Francisco Reynes.
The project will develop an average of 200 jobs during construction work, getting to around 600 workers sometimes of peak work.
Naturgy prepares to invest greater than EUR1bn in the US over the following few years to reach an operating capacity of 500MW by 2023 and also 1200MW by 2025.
Last year, Naturgy obtained a portfolio of 25 projects in the United States, completing more than 3.5 GW, and signed a special five-year development agreement with Candela Renewables.
This agreement allows the growth of solar as well as energy storage projects solely for Naturgy, the first of which is 7V Ranch Solar.
May 19, 2022 // Plants, Large-Scale, Commercial, USA, North America, Naturgy, PV Power Plant, Francisco Reynes
Naturgy plugs in 22-MWp solar farm in Spain
41,000 solar panels, which are anticipated to generate some 47 GWh per year, Naturgy claimed.
Miraflores is Naturgy's initial financial investment in solar
Nov 4, 2022 // Plants, Large-Scale, Commercial, Spain, Europe, Naturgy, solar farm
Naturgy protects PPA from steel firm Sidenor
business Sidenor has actually signed a 10-year PPA with Naturgy to a supply matching to 350GWh annually from solar and wind energy.
The contract was signed at
Mar 10, 2021 // Markets & Finance News, Spain, PPA, Europe, Naturgy, José Antonio Jainaga
LONGi and Naturgy Partner to Power Spain's Solar Revolution
technology firm LONGi has signed an agreement with Spain's energy utility firm Naturgy to supply over one million solar modules for Naturgy's 2024 solar
Feb 5, 2024 // Manufacturing News, Commercial, Spain, Europe, LONGi, Solar Project
BlackRock’s GIP Plots Naturgy Exit, Spain Shake-Up
Global Infrastructure Partners plans to exit its stake in Spanish utility Naturgy, prompting a potential reshuffle among long-term shareholders. The move raises
Mar 3, 2026 // Markets & Finance News, BlackRock, Spain, Europe, Naturgy, m&a, GIP
Naturgy cuts ribbon at 10-MW/20-MWh BESS in Australia
BESS, located near to the city of Canberra, is the first such center for Naturgy anywhere in the globe. As is the case with of all Naturgy's projects in
Sep 29, 2022 // Storage, Australia, Oceania, BESS, Naturgy
Naturgy cuts sod on 150 MW of solar projects in Spain
sites are located in Badajoz, among the largest municipalities in Spain. Naturgy said it had coordinate work with the grid connection with 3 other project
Mar 16, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, Naturgy, Solar Project
Naturgy purchases 125-MW solar-BESS hybrid project in W Australia
price, with plans to spend EUR 160 million (USD 160.3 m) in the project.
Naturgy expects to release building in the fourth quarter this year, with the purpose
Sep 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Naturgy, hybrid project
Naturgy switches on auction-backed 150MW solar trio in Spain
of €100 million (US$109 million) and helped create 450 jobs, developer Naturgy said in a statement this week.
The 150MW complex features 454,356
Sep 26, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, pv power plants, auctions, Europe, JinkoSolar, subsidy-free pv, tenders, toledo, Emiliano García-Page, Manuel Fernández
Naturgy's Los Corrales: Spain's 225-MW Solar Power Project
utility Naturgy Energy Group SA has received government approval to build a 225-MW solar farm in Castile and Leon, Spain. The project, named Los Corrales,
May 1, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, PV Power Plant, Naturgy Energy Group SA
Ence retailing 373MW of Spanish solar projects to Naturgy
to UK-based framework mutual fund Ancala Partners last year.
For Naturgy, the purchase comes as the energy wants to raise its sustainable generation
Dec 13, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Naturgy, utility, Andalusia, Ence
Naturgy to Invest Over EUR9 M in Renewables by 2025
energies business Naturgy plans to make investments worth 14 billion euros by 2025, of which around two-thirds will be earmarked in the direction of boosting
Jul 30, 2021 // Markets & Finance News, Spain, Europe, Naturgy
Spain's Naturgy gets firm with 12.6-GW solar, storage space portfolio in US
Naturgy purchased a 100% risk in solar and storage space platform Hamel Renewables LLC in a purchase valued at USD 57 million (EUR 47m) as well as introduced a strategy to invest as much as USD 1.8 billion to have 1.6 GW of Hamel's solar projects up and running in 2025.
The procurement offer is more seasoned with a five-year exclusivity advancement contract that Naturgy signed with Candela Renewables, an independent programmer founded by previous First Solar Inc (NASDAQ: FSLR) executives.
Solar as well as storage-focused Candela has actually developed several of the projects in the Hamel portfolio, the business added.
The Hamel pipe has 25 projects, 3.2 GW of solar and also 2 GW of storage space, that can start procedure before 2026. Naturgy will spread its billion dollar-plus investment over a five-year duration, while maintaining the option to create the rest of the acquired pipeline by 2030, the business said.
Jan 15, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, Spain, Europe, North America, Naturgy Energy Group
Candela, Naturgy break ground on 240-MW solar project in Texas
said recently. As revealed at the beginning of 2021, Candela as well as Naturgy will certainly service a pipeline of 3.2 GW of solar and 2 GW of co-located
May 23, 2022 // Plants, Large-Scale, Commercial, USA, North America, Naturgy, PV Power Plant, candela renewables









