Powertis, developer of large-scale PV projects in Europe and Latin America, will develop 2 GW of solar PV over the next three years between Brazil and Spain, 1 GW per country. Headquartered in Madrid and less than a year old, Powertis has secured power purchase agreements (PPAs) for 1 GW in Brazil. In addition, Powertis is entering into the Spanish market where offers turnkey services ranging from feasibility study to project financing.
“In less than 15 seconds, enough energy from the sun reaches the Earth to keep the world running using clean energy. For this reason, we are convinced that the future will be solar. At Powertis, we focus on large projects that use the latest technology, minimizes the cost of solar, and let us negotiate sophisticated bilateral contracts, with the ultimate goal of offering a guaranteed and sustainable return to our investors,” says Pablo Otín, CEO of Powertis.