spain

Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.

Solar Steel has signed a deal to supply Spanish firm Global Energy Services (GES) with 50MW of its 1P trackers.

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.

Solar Steel and Solarig have signed a deal that will see the former supply 62MW of trackers to the latter’s upcoming project in Seville.

The portfolio consists of five sites spread across three autonomous communities - Castilla y León, Andalusia and Castilla-la Mancha.

Jonathan Touriño Jacobo looks at Southern Europe, where pricing, grid capacity and the ban of PV on farmland are causing headaches.

This project is a private-public collaboration between the utility, the Basque Energy Agency (EVE), the regional council of Alava and the cooperative Mondragon Group.

NextPower V ESG (NPV ESG), an international fund operated by NextEnergy Capital (NEC), has acquired a 248MW Spanish solar PV portfolio.

Graphic Packaging International (GPI) will acquire electricity from an 83MW solar portfolio operated by Zelestra.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.