ValenciaSquare Last week, they published an extensive report about our Patron Partner, Esparity Solarand its commitment to solar energy in Spain. Here is a brief summary of the extensive article published last Monday, January 23rd, and if you would like to read the full article, you can do so for free at [website address missing]. newspaper website.
Renewable energy in Spain is currently experiencing a boom driven by legislation aimed at accelerating the energy transition to meet European decarbonization targets. However, this growth is also due to the slower pace of its deployment in the country compared to other European nations, stemming from outdated regulations such as the 'sun tax,' which led to a prolonged period of decline and placed Spain at the bottom of the European rankings in terms of installed capacity.
This situation, which was addressed a few years ago, has led to a boom in projects and international companies arriving in the country with significant investments. This has been the case with the British company. Esparity SolarThe company, dedicated to the promotion and development of photovoltaic parks, sees the country as the best global market for photovoltaic development. Therefore, it is promoting nine parks in different locations, totaling 550MW and representing an investment of nearly 420 million.
The company, founded in 2017 by a group of 19 investors and experts in the energy sector, began operations a year later and chose Valencia as its base of operations for its launch in the country. Its founder and CEO, James Sibony, He had previously established a similar company in Australia, where he developed projects totaling nearly 1.000 MW. That was the seed of Esparity Solar. He brought that experience and knowledge of the sector to the table with the creation of this new company, which focused on renewable energy in Spain.
"This country is the best global market for photovoltaic development. We have all the ingredients for success: plenty of sunshine, very suitable land, and many areas with little agricultural value. Furthermore, it's a country with significant growth potential and opportunities to export energy to the rest of Europe," the company's CEO emphasizes.
En Esparity Solar They develop sustainable and bankable photovoltaic solar projects that produce renewable and affordable energy. In all their projects, they implement effective measures that promote environmental and social benefits at the local level.
They aim to be a leading company in the renewable energy sector and actively participate in the energy transition, developing high-quality projects that are environmentally friendly and add value to all stakeholders involved in the company's activities.
