Related Links

  • Gamesa
  • Elsevier Ltd is not responsible for the content of external websites.

News

Gamesa to invest €50m in renewable energy companies

Gamesa will invest up to €50 million over the next five years to buy stakes in companies developing promising renewable energy technologies.

By Renewable Energy Focus staff

The investments will be made through a venture capital fun and targeted renewable energy technologies include wave power, solar photovoltaics (PV), energy storage, green mobility, energy efficiency and off-grid systems.

Gamesa has already made its first investments with 28.7% and 25% stakes in US-based companies SkyBuilt Power and WorldWater & Solar Technologies, respectively.

SkyBuilt Power provides solutions in the renewable off-grid and fixed market, and has developed products that mix solar PV and mini wind technologies.

WorldWater & Solar Technologies markets solutions for the mobile off-grid renewable market, and has developed systems for pumping and purifying water and capturing energy not used for other purposes.

Share this article

More services

 

This article is featured in:
Policy, investment and markets

 

Comments

PortableSolarPower said

23 December 2011
Man they are throwing in tons of money to further push PV into the future! Very good news.

Ryan @ www.PortableSolarPower.Biz

Note: The majority of comments posted are created by members of the public. The views expressed are theirs and unless specifically stated are not those Elsevier Ltd. We are not responsible for any content posted by members of the public or content of any third party sites that are accessible through this site. Any links to third party websites from this website do not amount to any endorsement of that site by the Elsevier Ltd and any use of that site by you is at your own risk. For further information, please refer to our Terms & Conditions.

Comment on this article

You must be registered and logged in to leave a comment about this article.