A brand new firm has been shaped by Spanish funding firm Everwood Capital and renewable vitality initiatives developer Prodiel Group to speed up the worldwide race to wash vitality adoption.

The launch of the brand new firm falls below efforts by Prodiel Group and Everwood Energy, by way of its funding automobile Fund V, to make sure the expansion of the photovoltaic market internationally. However, the primary focus shall be on the main European markets and chosen Latin American markets.

The new firm will deal with addressing market boundaries all through your entire worth chain from funding to mission design, implementation, operation and administration.

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Everwood Energy and Prodiel Group will every personal a 50% stake within the new firm, DVP Solar. Prodiel Group will present its expertise in initiatives improvement and administration, while Everwood Capital its monetary capability for the success of DVP Solar.

The firm has launched with over 70 multi-disciplinary professionals and is managed on the govt degree by Eduardo Criado, the CEO of DVP Solar who has an govt background within the worldwide vitality sector.

DPV Solar chairman, Ángel Haro, stated: “DVP Solar is backed, on the one hand, by the observe report and sector data contributed by an entity such because the Prodiel Group, which supplies DVP Solar with its improvement workforce, and, alternatively, by the monetary capability and expertise in investments and asset administration provided by Everwood Capital”.

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DVP Solar has initiatives in Spain, France, Germany, Italy, Colombia and Peru and is presently managing 5GW in grid-connected photovoltaic vitality and an extra 2GW in initiatives on the preliminary improvement stage, with an extra 3GW in progress anticipated within the subsequent few years.

The publish New firm launched to drive large-scale photo voltaic adoption appeared first on Power Engineering International.

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