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Grenergy Puts Hybrid Solar-Storage Projects in Spain, Chile at Heart of €3.5 Billion Investment Plan

Summary by PV Tech
Spanish independent power producer (IPP) has unveiled two new solar-plus-storage projects, one in Central Chile and the other in Spain.

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Grenergy is a Spanish company created in 2007, independent producer of renewable energy and specialist in the development, construction and operation of photovoltaic and storage projects. It has presence in the regions of Europe, Latin America and the United States through 10 countries. Having reached the objectives of its previous plan, the company estimates to generate a minimum of 800 million euros between 2025 and 2025, of which half is alre…

This after the company announced on Wednesday its new Strategic Plan until 2027, with a planned investment of 3.5 billion euros, to "consolidate its leadership" in energy storage. By the end of 2027, Grenergy estimates that its EBITDA proforms for the Energy business will be between 450 and 500 million, driven by the incorporation of battery-powered energy storage systems (BESS). "Grenergy confirmed our expectation of a significant improvement i…

Grenergy announced its new strategic plan 2025-2027, which deals with a planned investment of €3.5 billion, to consolidate its leadership in energy storage. According to the company, its roadmap is based on three pillars: the hybridization of solar plants with battery storage, replicating the successful model of Atacama Oasis in central Chile and Spain; the launch of Greenbox, its new battery platform (StandAlone) in Europe; and its commitment t…

Grenergy announced today its new strategic plan for the period 2025-2027, during the celebration of its Capital Markets Day in London. The company will spend 3.5 billion euros to boost its leadership in the energy storage sector, combining the development of large solar hybridization projects and the expansion of independent battery platforms in key markets. The new plan is based on three fundamental axes: the hybridization of solar plants with …

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Forbes España broke the news in on Wednesday, May 28, 2025.
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