GES secures US$252 million EPC contracts for four Spanish solar PV projects

By Joseph Loe
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Solar panels at a GES project.
The portfolio consists of 12 solar projects with a combined capacity of 583.41MWp. Image: GES.

Spain’s Global Energy Services (GES) has secured four new engineering, procurement and construction (EPC) contracts for three new solar clusters and a standalone solar PV plant in the Aragon and Valencian autonomous communities of Spain.

The portfolio consists of 12 solar projects with a combined capacity of 583.41MWp and the deal is valued at €225 million (US$252 million).

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The commissioning clients have not been named, but the company says three of the four contracts were awarded by new clients, and the fourth by a long-standing client for whom the company has delivered more than 1GWp of solar capacity in recent years.

“The addition of new clients, together with the continued trust of some of the leading players in the Spanish renewable energy sector, reinforces our position as a trusted EPC partner and supports our long-term growth strategy,” said José Luis García Donoso, chief executive officer of GES.

The first contract is for the construction of two solar PV plants in Zaragoza, due for completion H2 2027, and with a combined capacity of 93.52MWp. Zaragoza is also the location of a 132.92MWp plant contracted under a separate EPC deal. GES said this second plant will be its first for a renewable energy investor “with an extensive track record in Spain” and the project will include the necessary provisions for the addition of a battery energy storage system (BESS) in future.

The remaining two contracts are for two solar clusters on behalf of an unnamed renewable energy developer. The projects comprise nine PV plants with a combined capacity of 356.97MWp. Three will be in Aragon with a capacity of 159.47MWp, with the remaining six will be located in the Valencian autonomous region and have a capacity of 197.5 MWp.

GES is expected to earn €200 million in revenue in Spain this year, a doubling of turnover compared to the previous year. Francisco Javier Rangel, head of solar construction for Iberia at GES, said: “Reaching this level of activity in today’s Spanish market is a strong endorsement of the confidence that clients and investors place in GES.”

Renewable energy has garnered Spanish governmental support recently, with the Ministry for the Ecological Transition and the Demographic Challenge (MITECO) last month launching two public consultations to allocate up to 11GW of grid access via 14 nodes to renewable and stored power sources.

Also in September, the government announced the formulation of a capacity market in which generation and storage providers will be allocated to bid in a series of auctions. Generation companies’ tenders will have to not emit more than 500g of carbon dioxide per kilowatt-hour. The European Commission has said it intends to invest €9 billion into the market.

The same week as the capacity market announcement, Sara Aagesen, deputy prime minister and minister for ecological transition and the demographic challenge, approved a €17 billion investment in overall grid infrastructure, and expressed an  intention expand Spain’s PV solar capacity from its current 76GW.

The new contracts announced from GES, government auctions, national and international investment come after the challenges the country’s power infrastructure faced in 2025, including a peninsular-wide blackout.

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