Deals Counterparts

Investment in 350 solar PV installations for self-consumption in Almería

Investment Solar announced Almería, Spain Feb 26, 2026
EUR6M
Deal Value
operating
Stage

The Diputación de Almería finalized projects to promote renewable energy in the municipalities of the province, with a total investment of approximately 6 million euros through the DUS 5000 Plan. IDAE financed 57% of the amount with funds from the European Union, while the remaining 43% was contributed by the Diputación Provincial de Almería.

Deal Analysis

The Diputación de Almería's investment in 350 solar PV installations for self-consumption, totaling approximately €6 million, signifies a commitment to renewable energy adoption within the province. Financed through the DUS 5000 Plan, with 57% of the funding provided by IDAE (backed by the European Union) and the remaining 43% by the Diputación Provincial de Almería, this project aims to promote sustainable energy solutions across various municipalities. The focus on self-consumption suggests a strategy to reduce reliance on the traditional grid and empower local communities with decentralized energy generation. This deal is notable for its public sector involvement and the utilization of EU funds to drive renewable energy infrastructure. The participation of IDAE, a key player in Spain's energy transition, underscores the project's alignment with national and European climate goals. While the individual capacity of each installation is not specified, the sheer number of projects (350) indicates a widespread effort to integrate solar power at a local level. This investment could serve as a model for other regions seeking to leverage public-private partnerships and EU funding to advance their renewable energy targets.
  • €6 million investment in 350 solar PV installations.
  • 57% funding from IDAE (backed by the EU), highlighting EU support for renewable energy.
  • Focus on self-consumption promotes decentralized energy generation.
  • Public sector-led initiative demonstrating government commitment to sustainability.
Market Context: Spain is actively pursuing renewable energy targets, with solar power playing a crucial role in its energy transition. The country benefits from high solar irradiance, making it an attractive location for solar PV investments. Government initiatives and EU funding mechanisms are further incentivizing the development of solar projects across the country.

Source Intelligence

KEY DETAILS

Each installation required between 2,500 and 6,500 euros, with powers ranging from 3 to 10 kW per plant. "Cada instalación contó, de media, con un presupuesto de entre 2.500 y 6.500 euros, y una potencia instalada que oscila entre 3 y 10 kW por planta"

Deal Size
Las actuaciones suman una inversión de 6 millones de euros del Plan DUS 5000
Location
Almería finaliza 350 instalaciones fotovoltaicas desatinadas al autoconsumo de 58 municipios
Announcement
febrero 26, 2026
PARTIES MENTIONED IN SOURCE
D
Diputación de Almería investor

"La Diputación de Almería ha finalizado todos los proyectos destinados a impulsar las energías renovables en los municipios de la provincia"

I
IDAE investor

"El importe financiado por el IDAE con fondos de la Unión Europea asciende al 57%, mientras que el 43% restante ha sido aportado por la Diputación Provincial de Almería."

high quality Enriched Feb 26, 2026

Timeline

Announced
Feb 26, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector in Spain.
496
Solar deals
104
deals in Spain
1 of 470 Solar deals tracked this month · Updated daily

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