Gamesa Expands Solar Photovoltaic Business

When Spain-based Gamesa identified the good prospects of the wind power industry years ago the company has become one of the big players in the world market. Now the Basque company is following a similar path with its solar division. This week, the vertically integrated company signed a major contract to secure solar modules while at the same time embarking on a prominent solar project installation.

The supply contract was inked between Gamesa and REC Scanmodule, a solar subsidiary of REC, a Scandinavian business conglomerate. REC agreed to supply Gamesa 50 MW of solar PV modules. The agreement, which will double all of Gamesa Solar’s former orders, will last for five years. REC said the contract represents a major move into the growing Spanish solar PV market. With this large contract, Gamesa says it has placed itself in different phases of the supply chain, including the manufacture and supply of modules and systems, turnkey development and post-sale service of facilities. Among recent turnkey project developments, Gamesa and the Foundation for the Sustainable Development of Donana and its Environment, Donana 21, have agreed to collaborate on a 100-kilowatt (kW) pilot project at the Dunar de Matalascanas Park in Huelva, Spain. The project consists of the installation of what Gamesa calls a “solar forest” to be composed of ten 5-kW and five 10-kW solar modules or “trees.” The modules will give the park entrance a distinctive form, provide parking space for coaches, and serve as an educational starting point for visitors to the park enclosure. The agreement was signed in the presence of Alfonso Basagoiti, the Chairman of Gamesa, and Luis Atienza, the Chairman of the Donana 21 Foundation. Gamesa will advance the financing of project expenses, estimated at more than Euro 1.1 million [USD$1.4 million]. The Donana 21 Foundation will transact collaboration agreements with other entities to raise the costs of the other solar energy production units. Once the solar forest is installed, it will come to form a part of the assets of the Donana 21 Foundation, along with the profits deriving from the production of electric energy by the installation.


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