Latest
Four of the projects are expected to be operational in early 2026. Image: Nexwell Power.
Renewable energy investment platform Nexwell Power has acquired a 248MWp solar PV portfolio from energy service provider Q Energy in Spain.
Consisting of seven utility-scale solar projects, these are located in the southern region of Andalusia and the northern region of Aragon.
This article requires Premium Subscription Basic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
Already a subscriber? Sign In
Four of the projects are expected to be operational in early 2026 and include the 72MW Andújar projects in Jaen, southern Spain; the 26MW Silverio plant in Córdoba and the 45MW Mudéjar project in Teruel, 310km east of Madrid.
Earlier this year, Q Energy announced the start of construction for projects located in the same regions and with a capacity matching these, although, at that time, it had not disclosed the name of the projects.
The PV plant in Teruel began construction in April, with the company expecting the project to be completed by summer 2026, while the other two projects began construction in March of this year. Q Energy is handling the engineering, procurement and construction (EPC) work for that four-project, 143MW portfolio.
The remaining three PV projects – dubbed Peñaflor 1, 2 and 3 – are all located in Zaragoza, northeastern Spain, and are in an advanced development phase. All three projects will have a combined capacity of 105MW.
Miguel Muñoz, COO of Nexwell Power, said: “This acquisition marks a key step in Nexwell Power’s evolution into a next-generation renewable energy producer.
“With this investment, we’re deepening our footprint in Aragon—a fast-emerging hub for large-scale tech and data centres—by delivering customised energy solutions, as reflected in our recent PPAs (power purchase agreements) with a leading US technology company.”
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
Read Next
Spanish independent power producer (IPP) Sonnedix has launched Project Douro, a 150MW solar plant in Tarouca, northern Portugal.
The addition of solar panels to existing wind and hydroelectric plants in Turkey could add 8GW of new capacity to the country’s energy mix.
Norwegian energy company Statkraft has narrowed down its focus on fewer markets and technologies as it targets to reduce its expenses by NOK2.9 billion (US$290 million) annually by 2027.
Boralex is driving organic growth across Canada, the US, France, and the UK, fueled by a project pipeline totalling 8GW.
Dimension Energy has secured US$360 million in financing to develop a 112MW portfolio of community solar projects across six US states.
Spain has released the results of its investigation into the April blackout, which ruled out renewables as the cause of the disruption.
Subscribe to Newsletter
Most Read
Upcoming Events
Media Partners , Solar Media Events
Media Partners , Solar Media Events
https://www.pv-tech.org/nexwell-power-acquires-248mw-spanish-solar-pv-portfolio/
