EPURON Expands Project Pipeline in Spain to 150 MW

EPURON GmbH this week announced the take-over of Panergia, a leading Spanish renewable energy project management and development company. With this acquisition, EPURON’s project pipeline for large-scale solar power plants in Spain has expanded to a total output of some 150 megawatts (MW).

By the end of this year, EPURON will complete and connect solar energy projects in Spain that amount to an expected total capacity of more than 20 MW to the public power grid.

“The take-over of Panergia will accelerate our current dynamic growth in Spain,” explained Thomas-Tim Sävecke, Managing Director at EPURON responsible for photovoltaic and solar thermal development.

Other large-scale projects by the company are under completion and some will begin construction later this year.

Among these projects are solar parks developed jointly with Panergia. Joint projects have included the La Junquera 1.5 MW park in Murcia as well as a 2 MW project currently being developed in the same region, which is among Europe’s highest solar radiation areas.

The Spanish solar energy market has grown by more than 100% in each of the past two years. This means that the installed capacity rose from 44 MW in 2005 to 106 MW in 2006, according to reports from the Spanish Photovoltaic Industry Association.

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