Nordic Solar debuts in Spain with Eresma Solar Park

Nordic Solar initiates construction of a 53 MW Eresma solar park in Spain, aiming for grid connection in Q3 2024. Located near Segovia, the project, covering 120 hectares, will power 28,000 European households. Nordic Solar collaborates with Spanish partner Elecnor, overseeing design, engineering, and construction using a tracker system. Elecnor managed the development process till…

Nordic Solar’s operational portfolio expands by 20%

Nordic Solar reported Q3 2023 results with revenue at EUR 21.2 million and a net profit of EUR 5.1 million, both down from Q3 2022.The revenue secured by PPAs, feed-in tariffs, and government subsidies increased to 66.8%. The total portfolio increased by 7% to 1,915 MW, and operational portfolio capacity grew by 20% to 390…

Nordic Solar unveils its largest PV park in Moletai

Nordic Solar is constructing its largest solar park in Moletai, Lithuania, boasting a 100 MWp capacity slated for operation by H1 2024. Employing patented steel structures housing 150,000 solar panels, the park optimizes energy production, supplying power to 28,000 European households yearly. The innovative design, safeguarded by a European patent, minimizes shade, ensuring maximum sunlight…