Eco Energy World (EEW) has decided to open an office in Madrid to manage the installation of 600 MW of photovoltaic solar panels over the next three years, according to several foreign media outlets specialized in renewable energies. With this new office, the London-based company is also seeking to consolidate its entry in the Spanish market by supporting its operations with local experts.

EEW develops large-scale photovoltaic solar energy projects around the world. In recent years it has installed over one gigawatt in several facilities distributed around Europe and Australia. It is now looking to leverage its experience in development and financing, combined with its technology and knowledge of the market, to drive its growth in Spain.

According to Svante Kumlin, chairman of EEW: “EEW is thrilled to enter into the Spanish subsidy-free market and to drive development and construction costs down to new low levels to enable the growth of solar PV in Spain. We are also looking at a pure merchant model and to repeat our success in developing large-scale merchant projects, where we have been pioneers in Australia".