Emeren Group Ltd acquires 86 MW solar project portfolio in Spain from Negratin Global Services. The Ready-to-Build projects, totaling 13, range from 6MW to 14 MW and are set to produce 166,471,371 kWh/year. Construction begins late 2024, connecting to the grid by early 2025 in central Spain. The projects will power 51,380 households, saving 19,544 vehicle emissions annually. ATZ Investments assists in the project transaction.
Emeren Group acquires 86 MW solar portfolio in Spain
Emeren plans Battery Energy Storage Systems on the permitted sites, aiming for a low-carbon future and a yearly reduction of 35,903.9 tons of CO2. Illustration from Emeren Group.
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)