Solaria obtains 213 MW to connect data centers in the Community of Madrid

Red Eléctrica de España confirms the feasibility of access and connection of 213 MW of demand of a data processing center (DPC) in Madrid South. Solaria ensures the development in record time of the data centers, thanks to its already built infrastructure and guaranteed access to the grid. Solaria’s solution generates significant savings in the … Ler mais

Solaria will generate 1 billion in cash over the next four years thanks to the diversification of its business

Consolidated financial statements 1H 2024 Results presentation 1H 2024 Sustainability Report 1H 2024 Financial results for the first half of the year have been resilient, in fact, despite the drop in wholesale energy prices, the impact on sales, revenues and net profit has been very limited. Solaria expects to have the first wind farm construction … Ler mais

Solaria has signed an agreement with Repsol Renovables for the provision of services for land search

September 19, 2024 Solaria reports it has signed, through its LandCo Generia Land, S.L., an agreement with Repsol Renovables, S.A. to provide services for the search for land, negotiation with landowners and signing the lease contract. In cases where the owners of the land prefer to sell, GENERIA will acquire the land and, in parallel, … Ler mais

Solaria signs an agreement with the Japanese technology company DataSection to develop an Artificial Intelligence Data Center

Datasection (DS) is a Japanese technology company listed on the Tokyo Stock Exchange, with the Japanese telecommunications company KDDI as its main shareholder. DS has Foxconn and Super Micro as strategic partners, and is technologically supported by NVIDIA. The agreement foresees the joint development of the DC as well as the use of Solaria’s facilities … Ler mais

Solaria maintains its credit rating of “BBB+”

EthiFinance Ratings positively assesses the company’s business profile, driven by a positive industry rating, competitive advantages and the group’s management scope. April 8, 2024 The European credit rating agency, EthiFinance Ratings, has maintained Solaria’s rating at “BBB+”, continuing the Stable trend. The report made public by the agency has highlighted that “the rating continues to … Ler mais

Solaria increases net profit by 24% to 86.4 million euros and invests 261 million euros in the first nine months of the year

3Q 2023 Earning Presentation Consolidated Management Report 3Q   – The company increased revenues by 43% to 172.4 million euros and EBITDA grew by 41% to 153.6 million euros compared to the same period last year. – Given the remarkable evolution of PPA prices in Spain, the company will continue to sign new long-term energy … Ler mais