photovoltaic

Companies, Relevant News Item 24th September 2026

Photovoltaic Bubble Bursts as the Sector Tries to Negotiate a Debt Moratorium with the Government

Yesterday, Enerside, a Catalan photovoltaic company, filed for bankruptcy. With less than €6 million in revenue and over €60 million in debt, it is not an isolated case. The bursting of the photovoltaic bubble has left solar plant developers in Spain—a community of nearly a thousand companies of varying sizes—facing severe financial distress, with over 15% of the solar fleet at risk of insolvency due to an inability to service…

Spanish economy 6th June 2022

China’s Three Gorges Buys 619 MW Of PV In Spain

Three Gorges (CTG) has reached an agreement to acquire a portfolio of 619 megawatts (MW) of photovoltaic assets from Nexwell Power in what is its largest transaction to date in Spain in terms of capacity, according to market sources quoted today by the newspaper Expansión. Details of the price have not yet been disclosed, but sources suggest that the value of the deal is in excess of EUR 200 million.CTG…

European economy 11th May 2022

Austrian Verbund Buys Photovoltaic Assets In Spain From Q Energy For €1 billion

The Austrian utility has been the winner of the large bid organised by the Spanish renewable energy fund Q Energy. The firm has acquired a platform with 82 MW in operation and more than 4 GW under development, valued at over 1 billion euros, in one of the most important renewable energy deals of the year in Spain. The assets are located mainly in Castilla La Mancha and Andalusia. Of…

Spanish economy 7th January 2022

ACS sells 100 MW of photovoltaic capacity, for a possible price of €80-90 M

Intermoney | ACS (ACS) (Buy, TP €40) has sold a portfolio of 100 MW of photovoltaic energy capacity to Sonnedix, a holding of renewable assets owned by institutional investors advised by JP Morgan AM, according to the Cinco Dias newspaper. The price of the transaction has not been revealed. The assets are located in Castilla-La Mancha and Extremadura. The two plants, each with 50 MW, were put into operation at the…