Solaria and Banco Sabadell have concluded a preliminary, non-binding agreement for the long-term financing of 285 MW of solar photovoltaic (PV) projects in Spain.
Subject to a due diligence review and the approval of the banks' decision-making bodies, the EUR134 million (US$138.4 million) financing will be provided under the project finance modality.
Solaria aims to have installed 18 GW of emission-free energy by 2030, in line with its Agenda 2030 and the Sustainable Development Goals.
Country updates
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November 14, 2022
Capital Energy secures environment approval for two Spanish solar projects
Capital Energy has been awarded the environmental approval for the development of two solar photovoltaic (PV) projects with a combined capacity of 205 MW located in Spain. The two projects are...
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November 14, 2022
Sonnedix completes acquisition of Spanish solar farm from Impax Asset Management
Sonnedix has completed the acquisition of a recently commissioned 36 MWp solar photovoltaic project located in Herencia, Ciudad Real, Spain from Impax Asset Management. Named the 'Fra...
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November 10, 2022
Ecoener commissions 100 MW renewable energy complex on Canary Islands
Ecoener has inaugurated a 100 MW renewable energy complex comprising 8 wind farms and 12 photovoltaic (PV) power plants on Canary Islands, Spain. With a total investment of EUR125 million (US$125.5 m...
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November 10, 2022
Iberdrola to invest EUR17bn on renewable energy
Iberdrola SA plans to invest around EUR17 billion (US$17.1 billion) in renewables between 2023 and 2025 in order to reach a total installed capacity of approximately 52 GW of clean energy by the end o...
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October 26, 2022
GES commissions 40.8 MW REA Unificado de Soria wind project
Global Energy Services (GES) has started the commercial operation of the 40.8 MW REA Unificado de Soria wind farm project located in the municipalities of Trévago, Valdelagua del Cerro, Fu...
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