spain

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Daily News Wrap-Up: Assam Approves ₹52 Billion Transmission Modernization Project

The Assam government has approved a ₹51.97 billion ($624.4 million) project to modernize the state’s power distribution system. The approved project, funded under the...

September 28, 2023

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Mercom Staff

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Daily Wrap-up
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Green Energy Group Bruc Secures €600 Million for Portfolio Expansion in Spain

Madrid-based green energy group Bruc has signed a financing agreement with seven prominent entities, securing €600 million (~$633.8 million), which will be utilized in...

September 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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EIB Greenlights $636 Million Loan for Repsol’s Renewable Energy Initiatives

The European Investment Bank (EIB) has approved a €575 million (~$636.7 million) loan to support global energy company Repsol‘s renewable projects in Spain. The...

July 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: Winners of GUVNL’s 800 MW Solar Auction

KPI Green Energy, SAEL Industries, and NLC India have won Gujarat Urja Vikas Nigam’s auction to develop 800 MW of grid-connected solar power projects (Phase XX) at the...

July 4, 2023

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Mercom Staff

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Daily Wrap-up
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Spain Updates National Energy Plan, Targets 76 GW of Solar by 2030

Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has issued the draft update of the National Integrated Energy and Climate Plan...

July 3, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Endesa Secures $545 Million to Develop 4.8 GW of Renewable Projects in Spain

Endesa, a Spain-based electric utility company, has signed sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito...

July 3, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Iberdrola, Norges Bank Ink $1.3 Billion Deal to Develop 1.26 GW Renewables

Spain-based independent power producer Iberdrola and the sovereign fund of Norway, managed by Norges Bank Investment Management, have committed to a joint investment of...

June 1, 2023

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Jinko Solar’s Subsidiary to Build 56 GW Integrated Solar Manufacturing Unit

Jinko Solar’s majority-owned subsidiary, Jiangxi Jinko Solar, has proposed plans for production lines with an annual capacity of 56 GW to manufacture monocrystalline...

May 24, 2023

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Gautamee Hazarika

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Finance and M&A

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Manufacturing

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Solar
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Solar Tracker Company Soltec’s Q1 Net Loss Narrows to €9.6 Million

Solar tracker maker Soltec Power Holdings’s net loss narrowed to €9.6 million (~$10.4 million) in the first quarter (Q1) of the financial year 2023 compared to a net...

May 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Spain Installs 2.6 GW of Rooftop Solar Capacity in 2022

Over 2,649 MW of rooftop solar capacity was installed in Spain in 2022, according to the annual report published by the Spain’s Association of Renewable Energy...

March 7, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Soltec’s Profit Surges to €13.1 Million in 2022 on Strong Demand for Solar Trackers

Solar tracker maker Soltec Power Holdings recorded a net profit of €13.1 million ($14 million) in financial year (FY) 2022, a year-over-year (YoY) increase of 1191%...

March 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Iberdrola Partners Exiom to Build Module Manufacturing Facility in Spain

In partnership with solar module manufacturer Exiom, Spain-based utility company Iberdrola will develop the first large solar module manufacturing facility in Spain and...

February 23, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Project Finance Brief: Atlas Renewable Raises $210 Million for 438 MW Solar Project

From: Mercom Capital Group Atlas Renewable Energy, a clean energy solutions provider, secured a loan of $210 million from Banco Nacional de Desenvolvimento Econômico e...

January 11, 2023

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Staff

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Finance and M&A

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Other
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Repsol Acquires Clean Energy Investment Platform Asterion Energies for €560 Million

Madrid-based energy and petrochemical company Repsol has acquired renewable energy investment platform Asterion Energies for €560 million (~$595 million) along with...

December 19, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Spain-based CEPSA to Invest €5 Billion to Build Green Hydrogen Plants in Andalusia

Spain-based energy company Compañía Española de Petróleos, S.A.U. (CEPSA) said it will invest €3 billion (~$3.15 billion) to build 2 GW plants for producing 300,000 tons...

December 2, 2022

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Gourav Mishra

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Other

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Renewable Energy

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