Qualitas Energy raises €280 million to refinance Spanish solar plant; Uniper announces 317 MW new solar in Germany; Insolvent tubesolar shuts operations; Portuguese paper brand contracts Greenvolt for solar project; Tongwei’s 1st overseas HJT module project.
Qualitas bags refinancing for solar plant: Global investment and management platform Qualitas Energy has raised €280 million ($300 million) as refinancing for its Mula PV Project in Spain’s Murcia. The 494 MW project is one of the largest PV power plants in Europe, owned by the company along with Northleaf Capital Partners. The refinancing, classified as green, came in from BBVA; EDC; DekaBank; Unicaja; and Bankinter. Qualitas says this refinancing provides it long-term visibility and stability as part of its broader risk management and mitigation strategy.
Uniper’s German solar projects: German energy group Uniper has announced 2 new solar power plants in Germany with a combined 317 MW capacity. With around 300 MW capacity, one of the projects is planned for Elsfleth in Wesermarsch district in the Oldenburg region. It has now secured a development decision from the local municipality for the facility. The facility is located close to Uniper’s Energy Transformation Hub that houses a compressed air energy storage (CAES) plant and cavern storage facility.
The other 17 MW PV project is to come up on the ash landfill site at the former Wilhelmshaven coal-fired power plant. Over 30,000 modules to be installed are likely to produce 16,000 MWh/year on completion.
Tubesolar tubesolar shuts down: As of August 31, 2023, German agrivoltaic thin– film company tubesolar AG has shut down its operations. Making the announcement, the management said it couldn’t reach any agreement with interested parties on the acquisition of the business operations or essential assets, despite discussions and intensive negotiations. The company’s Provisional Insolvency Administrator Georg Jakob Stemshorn from PLUTA Rechtsanwalts GmbH recommended closure to avoid a potential reduction in the insolvency estate. PLUTA says no investor wanted to invest in tubesolar due to supply chain issues that acted as the main reason for its insolvency in the first place.
Solar for paper products brand: US-based Greenvolt Group, through its subsidiary Greenvolt Next Portugal, will set up a self-consumption solar unit for Portuguese tissue paper products brand Renova. The 4.45 MW plant will be equipped with 7,916 PV modules to generate over 6,400 MWh/year. Greenvolt will install the panels on the industrial rooftop space and adjacent land of Renova’s 2 industrial units and logistics center in Zibreira in Torres Novas. The plan also includes implementing carports to charge Renova’s plug-in hybrid and 100% electric grid.
Tongwei’s module for Austrian project: China’s Tongwei Solar has announced its 1st overseas heterojunction (HJT) module project in Austria. It will supply these modules for a ground mounted power generation project in the country via Energy3000, its European distributor. In February 2023, both the companies entered a 3-year cooperation framework agreement for Energy3000 to market the Chinese manufacturer’s products in Europe.
Source from Taiyang News
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