Everwood, Prodiel form JV to target gigawatts of new solar projects

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The Spanish companies will look to create international sites. Image credit: Foresight Group.

Everwood Capital and the Prodiel Group have combined to create DVP Solar, a joint-venture (JV) focused on developing large-scale international photovoltaic projects, with gigawatts at various stages of development.

DVP Solar will focus on growing solar power in leading European markets as well as certain Latin American sites.  

The JV has projects in Spain, France, Germany, Italy, Colombia and Peru. It is currently managing 5GW, with a further 2GW in development. It hopes to add 3GW to its portfolio in the next few years. 

DVP Solar is supported by both the “track record and sector knowledge” of Prodiel’s development teams as well as the “financial capacity and experience” that Everwood brings, said DVP Solar chairman Ángel Haro.  

Madrid-based Everwood and Seville-based Prodiel will both control a 50% stake in the new company.  

Read Next

July 20, 2021
Spanish developer Grenergy has added three new directors to its team with the aim of accelerating its European energy and storage operations
July 19, 2021
Merchant solar and projects backed by power purchase agreements (PPAs) drove ground-mounted PV deployment in Spain last year, as the country installed its second-highest yearly amount of 2.8GWp, new figures from trade association UNEF reveal.
July 12, 2021
Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group, has formed a joint venture (JV) with renewables developer Wattcrop that will aim to bring forward 750MW of PV in Greece over the next four years.
July 5, 2021
Shares in the renewables division of Spanish utility Acciona were up 7.3% on their initial public offering (IPO) price during their maiden day of trading on 1 July.
July 2, 2021
Malaysian utility company Tenaga Nasional Berhad (TNB) yesterday launched Vantage, a renewable energy investment and asset management company
June 29, 2021
Soltec has signed an agreement to supply its SF7 bifacial solar trackers to Norwegian state-owned utility Statkraft for use in four PV projects being developed in the southern Spanish region of Andalucía.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Webinar
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021