Spain’s energy transition has been boosted by three new projects that will deliver 600MW of clean energy for over 10 per cent of Spanish homes.

Announced at the Government’s UK-Spain Trade and Investment Roundtable, the investments made through Octopus Energy Generation’s £2bn Sky fund include newly acquired solar farms in Navarre and Albacete generating a combined 100 MW, plus a battery storage developer targeting 500 MW of capacity over the next five years.

Octopus recently invested in OneSolar, a Barcelona-based energy advisory firm aiming to help businesses build and run solar and battery projects, and since entering the Spanish market three years ago has rapidly grown its retail business, becoming the country’s fastest-growing energy ‘disruptor’ with over 350,000 customers.

The investments are the latest additions to Octopus Energy Generation’s growing portfolio in Europe, already managing more than 4.9GW of clean energy projects.

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