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Sud Energies Renovables

sud.es

Founded Year

2005

Stage

Corporate Majority | Acquired

Valuation

$0000 

About Sud Energies Renovables

Sud Energies Renovables is a Spanish solar energy company that specializes in industrial, energetic, and environmental areas. The company was founded in 2005 and is based in Barcelona, Spain. On June 22nd, 2022, SolTech Energy acquired a majority stake in Sud Energies Renovables for $16.9 million.

Headquarters Location

Adjutori Roma, 25 Pol. Ind. El Soler

Barcelona, 08279,

Spain

+34 93 886 69 48

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Latest Sud Energies Renovables News

Spain’s Rooftop Solar Grows Tenfold Amid Surging Energy Prices

Sep 13, 2022

Rooftop solar power has expanded wildly in Spain this year amid soaring costs for other forms of energy, accelerating a growth trend in the sun-drenched nation. Author of the article: Engineers from Sud Energies Renovables SL install solar panels onto the roof of a residential property in Barcelona, Spain, on Wednesday, Sept. 7, 2022. Spain and other Mediterranean countries generated record amounts of power from wind and solar farms, underscoring the potential for renewables to replace expensive fossil fuels. Photo by Angel Garcia /Bloomberg Article content (Bloomberg) — Rooftop solar power has expanded wildly in Spain this year amid soaring costs for other forms of energy, accelerating a growth trend in the sun-drenched nation. Advertisement 2 Article content Try refreshing your browser, or Spain's Rooftop Solar Grows Tenfold Amid Surging Energy Prices Back to video Installations have increased by 10 times so far in 2022, Spanish Environmental Transition Minister Teresa Ribera said in an interview with local broadcaster TV3. Compared to 2018, the country recorded a 410% increase, said Ribera, who’s also in charge of its energy policy. Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. Email Address Sign Up By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again Article content Europe is struggling with an unprecedented energy crisis as Russia’s curbs of natural gas supplies push power prices to record levels. That has kicked into overdrive Spain’s trend toward solar energy, which allows consumers to be less reliant on traditional forms of power generation. Favorable rules and ample room for expansion have quickened the pace, with solar self-consumption on private property growing by 102% in 2021, according to local industry group UNEF. Advertisement 3 Article content Read more: Rooftop Solar Takes Off in Spain as Europe Shuns Russian Gas The government is also set to assess proposals to install solar panels on public buildings, said Ribera. “It’s important to take advantage of our roofs and the hours of sun exposure, which may allow us to significantly cut the power grid demand,” she said. The European Commission, EU’s executive arm, estimates the bloc could cut gas consumption by an additional 2.5 billion cubic meters annually by installing an extra 15 terawatt-hours of rooftop solar systems in 2022. Research group BloombergNEF said this would equal 12 gigawatts to 15 gigawatts, depending on the location.

Sud Energies Renovables Frequently Asked Questions (FAQ)

  • When was Sud Energies Renovables founded?

    Sud Energies Renovables was founded in 2005.

  • Where is Sud Energies Renovables's headquarters?

    Sud Energies Renovables's headquarters is located at Adjutori Roma, 25, Barcelona.

  • What is Sud Energies Renovables's latest funding round?

    Sud Energies Renovables's latest funding round is Corporate Majority.

  • Who are the investors of Sud Energies Renovables?

    Investors of Sud Energies Renovables include SolTech Energy and Ona Capital.

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