Nexwell Power inks 145MW PPAs in Spain with ‘one of the largest US tech companies’
The company said it would supply “one of the largest tech companies in the US” with roughly 2.9GWh of solar power from 2026 through 2040.
The company said it would supply “one of the largest tech companies in the US” with roughly 2.9GWh of solar power from 2026 through 2040.
The capacity is spread across three commissioned projects: the 40MWp Greenberry, 40MW Fontenet 3 and the 47MW Amance projects.
Consisting of three utility-scale projects – 105MWp, 73MWp and 26MWp, respectively – the projects are expected to be completed in 2026.
Ellomay Capital has closed financing for a 198MW portfolio of solar assets it plans to build and operate in Italy.
Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.
SolarPower Europe has launched the International Solar Manufacturing Initiative (ISMI) to generate demand for European-made solar products.
Danish renewables firm European Energy has secured €68 million (US$73.4 million) in financing for a 148MWp solar PV plant in Latvia.
According to Italy’s solar association, last year saw a divergence in the fortunes of the utility-scale and residential solar sectors.
The company increased its shareholding from 49% to 65% through an agreed capital increase and assumes the role of majority shareholder.
Offtakers signed 25 power purchase agreements (PPAs) in Europe in January 2025, for a total of 790MW of electricity generation capacity.