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26 FEB 2019 | Finanzas.com

Univergy signs an agreement with Tecasol in order to develop photovoltaic projects in the Basque Country, Navarra, La Rioja and Cantabria

Univergy signs an agreement with Tecasol

Univergy has a portfolio of 600 MW photovoltaic solar projects under development in Spain.

Tecasol brings to the agreement its enormous experience in self-consumption projects, among others.

 

Univergy signs an agreement with Tecasol to promote a joint venture in order to promote and develop future photovoltaic renewable energy projects in the Basque Country, Navarra, La Rioja and Cantabria.

The agreement is part of the objective of both companies to develop projects aimed at generating 100% green energy, maximizing the energy savings for customers, and will have an important portfolio of projects, which will turn both companies into leaders in the photovoltaic sector in the North of Spain. The companies will concentrate their activities in the following business areas: The agreement is part of the goal of both companies to develop projects aimed at generating 100% green energy, maximizing the energy savings of customers, and will have an important portfolio of projects, which will turn both companies into leaders of the photovoltaic sector in the North of Spain. The companies will focus their activities in the following business areas:

• Connection to distribution networks up to 5 MW/DC projects

• Self-consumption projects for the industrial, agricultural and services sectors.

• Self-consumption projects for the residential market

• Distribution of equipment for all business lines

• Self-consumption facilities with intelligent storage.

The president and CEO of Univergy International, Ignacio Blanco, said that “the collaboration agreement with Tecasol will allow Univergy to strengthen and provide greater range to projects in four Autonomous Communities such as the Basque Country, Navarra, La Rioja and Cantabria, where they have bet in an unamniguous way for the development of initiatives related to clean energies ”, he also pointed out that “this agreement is a good sign, since both companies follow a very positive exponential growth path, especially in Spain”.

On his behalf, Antton Azpiazu, CEO of Tecasol said that “this agreement with Univergy will have a great impact on the development of businesses related to renewable energy, giving coverage not only to the industries implemented throughout the North of Spain, but also to a strong impact on the residential market.”

Univergy has a portfolio of 600 MW Photovoltaic Solar energy development projects between the peninsula, the Canary Islands and the Balearic Islands, and is actively working to expand this power through new development projects.

About Tecasol

Tecasol has its headquarters in Elgoibar (Guipuzcoa), as well as a network of technical offices and commercial agents throughout Spain and is perfectly equipped and prepared to provide assistance to its customers. Tecasol has more than five years of experience developing energy projects related to sun and water.http://www.tecasol.net/.

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