acciona

Spanish renewables developer and independent power producer (IPP) Grupo Ecoener has seen its shares slide on its market debut today.

Spanish energy company Acciona has secured shareholder approval for an initial public offering (IPO) of its renewables division, providing a boost for the firm’s plans to reach 6GW of installed PV by 2025.

A proposed joint venture (JV) between renewables firm Acciona and US hydrogen fuel cell maker Plug Power will invest more than €2 billion (US$2.41 billion) to develop a green hydrogen platform in Spain and Portugal.

A round-up of the latest project development news from the solar industry, as Vattenfall completes its maiden floating solar project, Acciona breaks ground on a 238MWp array in Chile and one of the Middle East’s largest bifacial solar projects completes three months early.

Acciona has completed Spain’s first grid-connecting floating solar farm, utilising it as a testbed for new technologies and deployment variations.

Utility enlists telecoms giant Telefónica for 10-year deal while asset manager lines up bond package from UK-based investor Pension Insurance Corporation.

Acciona reports 7.2% hike in net profits, top IPP hopeful Solaria makes progress towards 3.325GW goal, PV transition brings distributor Audax to 1.9TWh-a-year purchases.

The freshly-commissioned 167.5GWh Almeyda plant is contracted to supply power to Chile's state-owned copper mining company through a long-term PPA.

Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.

Spanish firm will source the energy for the plant from a mix of its Chilean renewables operations.