lss2020

Multinational utility Iberdrola has completed the giant 500MW Núñez de Balboa solar farm in Spain’s Extremadura region, claiming it to be Europe’s largest completed solar project.

Energy major Statkraft has signed a long-term power purchase agreement with Spanish solar IPP Solaria.

Solar investor Foresight has penned a 10-year power purchase agreement with EDF Trading for a 50MW project in Spain.

Investor Eland Private Equity and Chinese manufacturer and EPC Shanghai Electric have set sights on Europe’s thriving PV market, forming a new joint-venture which they claim will plough some €500 million into new assets.

Oil and gas major BP has increased its stake in international solar developer Lightsource BP in a bid to accelerate the firm’s growth.

Grenergy Renovables has penned a solar supply agreement with Spanish utility Galp, its first such arrangement in the country.

China’s GCL-SI is to ship 150MW of modules to what is claimed to be Europe’s largest ongoing solar development project.

Iberdrola’s record investment into renewables and networks is outperforming expectations, freeing the utility to invest even more creating a “virtuous circle of growth”, the company’s chairman has said.

Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.