A new flurry of deals in the busy Spanish solar power market
These have been busy weeks for deals in the Spanish solar energy market. We saw how WorldWater & Solar Technologies Corp., developer of high-power solar systems, announced an agreement with Prime Solar Senergy, S.L. of Spain. The latter will act as WorldWater’s marketing and logistics partner to acquire and fast-track large scale photovoltaic installations throughout Spain. WW&ST is also negotiating final contracts with a third company, M&G Promociones, to build three 10-MegaWatt (MW) farms over the next three years and two additionally planned 50MW farms in Lorca (Murcia Region). WorldWater owns the only patented technology that allows the operation of electric motors up to 1,000 horsepower on solar power alone.
A second operation announced in recent weeks has been the take-over of Panergia, a leading Spanish renewable energy project management and development company, by Epuron GmbH (a subsidiary of Conergy). With this acquisition, Epuron’s project pipeline for large-scale solar power plants in Spain has expanded to a total output of some 150 megawatts. By the end of this year, Epuron will be on the road to complete and connect solar energy projects in Spain that amount to an expected total capacity of more than 20 MW to the public power grid.
But the list does not stop there. Kyocera announced on September 12 it had been selected by Madrid-based Avanzalia Solar, a turnkey solar project developer, as the sole supplier of photovoltaic (“PV”) modules for a super-large-scale solar electric generating system in Salamanca, Spain. The facility, known as Planta Solar de Salamanca, incorporates about 70,000 Kyocera PV modules in three separate arrays 89-acre site.
Planta Solar de Salamanca differs from most other solar electric power plants not only by scale, but also by basic design. Solar PV systems have traditionally been deployed for “distributed” power generation, in which individual homeowners or business owners install their own systems on their own rooftops or immediate grounds. In contrast, Planta Solar de Salamanca was designed as a “central” generating facility to serve a large number of remote users, following the model of more traditional commercial power plants. This design is made economically feasible by the “feed-in” tariff adopted in Spain.
Next week, we are going to be visiting the Solar Power Expo in Long Beach, California, so I expect to be able to report on more bits of news from this ever changing industry.