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Total Enters into the Solar Market in Spain- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
3/2/2020 管材展-鋼管展-steel tube expo-tube &pipe expo |
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Total, through its wholly owned affiliate Total Solar International, establishes its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy and to develop nearly 2 gigawatts of solar projects. Total Solar International and Powertis, a developer of utility-scale solar plants in Europe and South America, have agreed to establish a joint venture (65%/35%) to develop solar PV projects in Spain. Powertis will bring to this joint venture a pipeline of 800 MW of early stage projects and the JV will develop further new projects as well.
Total Solar International has signed an agreement to acquire 100% of a portfolio of solar PV projects which are being developed by the spanish company Solarbay. The projects, which will be located in the regions of Andalusia, Aragon and Castile-La Mancha, represent a cumulative capacity of up to 1.2 GW.
The first project of these pipelines is set to begin operations by the end of 2020, with the ambition that all projects of both portfolios will be in service in 2023. Success fees will be paid by Total to Solarbay and Powertis along the steps of development of the projects.
管材展-鋼管展-2020廣州國際管材及管材加工設備展－中國展出效果最好的管材展-巨浪展覽
- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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