– This project portfolio will be distributed as follows: 80% solar energy, 14% wind energy and 6% batteries. In terms of geographical distribution, 60% will be in Spain, 22% in Italy, 12% in Germany and 5% in Portugal.
– Solaria continues to fulfill its strategic plan to reach 18GW by 2030.
– The company will play a leading role in Europe’s digital and energy transition in the coming years.
December 5, 2024
Solaria, a leading European company in the development of renewable energies and infrastructures, continues to advance in the development of its projects according to its strategic plan. It is currently in the process of constructing 1.4 GW of photovoltaic plants in Spain, which have already been financed. The company expects to connect this portfolio over the course of 2025, increasing from 1.7 GW to 3.1 GW. This project portfolio includes the first projects in Italy.
Solaria has a very important growth and diversification plan and expects to reach 14.3 GW installed by the end of 2028 in line with its goal of reaching 18 GW by 2030. To this end, it is diversifying technologically towards the development of wind energy and batteries, and geographically with projects in Germany, Portugal and Italy. With respect to hybridization with batteries, the development of this technology is expected to accelerate in Spain due to the introduction of capacity payments from 2025. Similarly, Italy will also have a new regulation that will be a catalyst for the deployment of renewable energies.
Solaria will reach this portfolio of 14.3 GW in 2028, of which 80% will be solar energy, 14% wind energy and 6% batteries. In terms of geographical distribution, 60% will be in Spain, 22% in Italy, 12% in Germany and 5% in Portugal.
Solaria continues to fulfill its strategic plan to reach 18GW by 2030, contributing value to its shareholders and making it possible to meet the global objectives of combating climate change and decarbonizing the economy.
The company will play a leading role in Europe’s digital and energy transition in the coming years.
