A part of the solution
Solar Energy Structure
vision for the future
ABOUT US
Solar Energy Structure (SES) was established and is being run by a seasoned executive team with extensive experience in the full solar PV value chain in Iberia and South America. SES is mainly developers of renewable energy in the Iberian market. However, we operate an integrated model which means we support our clients in develop, build, own and operate solar plants. We also manage the key financial and commercial stages – from equity and debt, to the PPA and energy management. In SES we see this integration as key to our success.
SES has a global approach with offices in Madrid, Spain, Oslo, Norway and Natal, Brazil. SES is a future-oriented company that focus in sustainable and clean energy. The highly qualified SES-team preforms world-class, and professionals led by senior executives with international extensive experience in the renewable energy and power sector.
mission
Powering the Future with Sustainable Solar Solutions.
vision
Empowering a sustainable future through solar innovation.
technology
Pioneering solar innovation for a sustainable tomorrow.
DEVELOP
Site acquisition & design Permitting & consultation Securing grid connection
BUILD
Engineering Procurement Construction
OPERATE
Asset management Operation & maintenance
OWN
IPP Energy management Grid services Asset optimization
What we do
Building and Operating Solar Energy Structure
We develop, build, operate, and optimize solar energy projects, providing comprehensive solutions for a sustainable and renewable future.
Portfolio
PUBLIC AUCTION AND PRIVATE DEVELOPMENT
PUBLIC AUCTION
According to a Ministerial announcement, the Spanish government will initiate a series of auctions with tender information expected to be launched sometime during 2023. It is anticipated that ~235 substations will be included in the auction. Currently the power available in the substations published by the Secretary of State is around 120 GW, an historic amount compared with previous tenders. It is expected that the Spanish government will divide the substations into various auctions to ensure an orderly installation of renewable generation. SES through its cooperation partners has already secured and signed contracts covering a potential portfolio of approx. 4GW in the vicinity of various base stations (meaning future lower inter-connection costs). Due to excellent strategical work, SES and its cooperating partners has carefully chosen some of the best lands available in connection with the public auction (location, potential usage, low environmental impact etc.). The portfolio held by SES includes both solar PV projects, as well as wind -and hybrid projects. SES is currently negotiating with various potential partners for co-development in connection with the upcoming auction. Please don’t hesitate to contact us if your company could be interested to partner up with SES.
PRIVATE DEVELOPMENT
Solar Energy Updates
Latest News
20.03.2023 – MADRID: SOLAR ENERGY STRUCTURE CONTINUES TO SECURE HIGH QUALITY PROJECTS FOR UPCOMING SPANISH PUBLIC AUCTION
In connection with the upcoming Spanish public auction, Solar Energy Structure continues to secure more high-quality projects all over the country. The company estimates to secure approx. a total of 4GW with excellent projects connected with the auction.
It is expected that the government will divide the substations into various auctions to ensure an orderly installation of renewable generation, when the reserved capacity exceeds 10 GW, several auctions may be held in the maximum period of six months between them.
Due to excellent strategical work, SES and its cooperating partners has carefully chosen some of the best lands available in connection with the public auction (location, potential usage, low environmental impact etc.). SES is looking forward to seeing the auction get lifted shortly and continue prepare the projects in the months ahead.
14.05.2023 – MADRID: SOLAR ENERGY STRUCTURE SOLD 90MW SOLAR PV PROJECTS UNDER DEVELOPMENT IN SPAIN TO A LISTED EUROPEAN COMPANY
The total consideration of the transaction is expected at approx. 15M€. Payments according to various milestones. First milestone is already completed upon closing of SPA.
SES is proud to announce the sales and completion of definitive agreements to sell up to 90MW across 3 solar projects to a listed European IPP-holder.
SES has executed a binding Sales Purchase Agreement (“SPA”) to sell projects at ready-to-build (RTB) status. The projects are at mid stage development and are anticipated to reach RTB status sometime during 2025 subject to permitting and suitable grid connection conditions. SES will be responsible for all activities and costs to achieve these milestones prior to closing. The projects are estimated to achieve Commercial Operation Date (COD) during 2026. Given the strong positive and predictable cashflows from these projects over the long term, SES expects to be able re-invest the funds into new projects in the Iberian market.
Speaking about the transaction, Kjetil Torper, COO in SES, said:
“This transaction once again shows SES’s successful business model that underpins our growth. SES has one of the most exciting portfolios in the Iberian market, and the best way of proofing so is another closing to a highly valued client and listed company in Europe. We look forward to progressing our pipeline in Spain to energisation and contributing to the ambitious Spanish renewable transition.”
About Solar Energy Structure
Solar Energy Structure is a privately owned Spanish solar PV project developer, being run by a seasoned executive team with extensive experience in the full solar PV value chain in Iberia and South-America. SES provides complimentary expertise from the energy sector with In-house legal, engineering, PPA as well as construction expertise. SES has strong commercial network in the Iberian and South-American market with long-term partnerships providing huge access to high quality early-stage development projects.
Currently SES hold as 4GW high quality portfolio of renewable energy under development, mostly focusing on the upcoming Spanish public auction. SES is looking forward to partner up with various high quality independent power producers (“IPP holders”), other forward looking equity funds and partners for future projects. SES’s goal is to be an important collaborator into the world’s need for renewable energy transition.
For more information please contact: info@solarenergystructure.com
12.06.23 – MADRID: SOLAR ENERGY STRUCTURE ACHIEVED PRE-APPROVAL (“PRE-AAP/AAC) FOR 3 PROJECTS IN MURCIA, APPROX. 142MW
Solar Energy Structure (“SES” or the “Company“) is pleased to announce that 3 projects in Murcia, estimated 142MW solar PV projects under development located in Murcia, achieved “Pre-AAP/AAC” (Pre-administrativa previa (AAP), and Pre-Autorización administrativa de construcción (AAC). The 3 projects are 100% owned by SES, and the company has yet not decided if the assets will be further developed by SES, or to be sold in the near future.
The Projects
The projects are evaluated at between 25M – 30M€ RTB. Remaining milestones in order to reach final RTB are as follows:
- Completion and approval of environmental impact assessment studies (on going)
- Completion and approval of AAP(Pre-administrativa previa. On going)
- Completion and approval of AAC (Pre-Autorización administrativa de construcción. On going)
- Ready to build (“RTB”) expected sometime during Q2-Q3-24.
- Commercial operational date (the “COD“). Expected sometime during mid -or end of 2025.
The first of these milestones is expected to be achieved by end of 2023, or early 2024, when further interconnection studies are issued.
The Projects
The projects are in Murcia, Spain on approximately 255 hectares of land.
The projects are divided into 3 projects in proximity with a total estimated capacity of approximately 142MWp.
The Projects are near existing transmission infrastructure and easily accessed through existing network.
About Solar Energy Structure
Solar Energy Structure is a privately owned Spanish solar PV project developer, being run by a seasoned executive team with extensive experience in the full solar PV value chain in Iberia and South-America. SES provides complimentary expertise from the energy sector with In-house legal, engineering, PPA as well as construction expertise. SES has strong commercial network in the Iberian and South-American market with long-term partnerships providing huge access to high quality early-stage development projects.
Currently SES hold as 4GW high quality portfolio of renewable energy under development, mostly focusing on the upcoming Spanish public auction. SES is looking forward to partner up with various high quality independent power producers (“IPP holders”), other forward looking equity funds and partners for future projects. SES’s goal is to be an important collaborator into the world’s need for renewable energy transition.
For mor information please contact: info@solarenergystructure.com
SUSTAINABILITY
We and the planet have the technology we need. According to Bloomberg’s analysis Solar joins onshore wind as the cheapest option for electricity generation in every developed country (except Japan). It’s mature, proven, quick to deploy, and excellent value for money.
Solar Energy Structure´s ultimate company-goal is to deliver clean, price-competitive and sustainable renewable energy. Alongside our goal we make sure that SES are managing social and environmental impact.
We manage our responsibilities with the deepest respect. At SES, we will always provide value for our shareholders, at the same time as we must preserve our planet and pass it on to our next generations in a better condition. For us, these are not two conflicting goals. Values are best created through responsible management – That is the key to success for Solar Energy Structure.
Contact Us
We help you realize your projects!
Do you want to see a solar project realized? Please contact Solar Energy Structure if you are a project developer, IPP-holder or investor.
Main office:
Solar Energy Structure Spain
Glorieta de Cuatro Caminos, 6 28020 Madrid
Spain
email: info@solarenergystructure.com