Spring 2020 Issue
Spain: Arnedo PV Power Plant
a develop-to-own strategy. The objective is to maximise value from its existing portfolio and develop a pipeline of utility-scale projects – while retaining operational and financial discipline. “We want to consolidate and strengthen our presence in the renewable energy markets through the investment in high-quality projects increasing our current installed capacity,” says CEO Marta Martínez. GROUP WITH A MISSION Grupo T-Solar concentrates its efforts and business activity on solar energy, one of the most important, affordable and clean energy sources on the planet. It achieves this through continuous investment effort and collaboration with reliable partners. It remains committed to the development of a sustainable business in accordance with the highest ethical, moral and legal standards. The vertically integrated platform offers extensive in-house expertise across the value chain. A disciplined approach to the acquisition of portfolios under operation, and the development of new projects, has led to attractive returns. “We focus on optimising operational and financing structures that deliver consistent dividend,” says Martínez. “To achieve those objectives, we leverage our relationship with Tier 1 suppliers and financing institutions.”
ENERGY MANAGEMENT CENTRE Grupo T-Solar has developed an energy management centre (EMC) to conduct remote monitoring and operation of its power plants. The EMC is the core technical asset of the organisation, providing real- time 24/7 monitoring and remote control of powerplants worldwide from a centralised location. It is equipped with the latest computing technology and a reliable telecommunications infrastructure to keep track of each plant’s performance. Additionally, the EMC is accredited by the grid operator in Spain (Red Eléctrica de España) to provide control-centre services The continuous follow-up and improvement of the powerplants’ performance keeps energy production at the optimal level and, at the same time, guarantees the return of the investment in the long term. The improvement of plant availability through the early detection of failures assures the highest energy production levels. Analysis of historical data optimises current performance and influences the design of new projects. There is also real-time, around-theclock security surveillance through cameras and intrusion-detection mechanisms. Grupo T-Solar’s CSR efforts are concentrated in a fight against climate change, and form a CFI.co | Capital Finance International
core part of the group’s corporate strategy. It has implemented an audited Environmental Management System and has programmes focused on reforestation, biodiversity and habitat protection. Energy efficiency, sustainable resource planning and material optimisation initiatives are standard features of the organisation. Grupo T-Solar is committed to local communities, and has implemented social initiatives and annual activities. The Social Support Fund in Peru, created in 2011, improves education in the area of the direct influence of the Majes and Repartición solar plants. Grupo T-Solar also supports initiatives to provide access to drinking water, business training projects for young students, and academic research and training projects. It sponsors events to promote human rights with various NGOs, awareness of climate change, and – in 2020 – works with PICE Network for Energy Consumers to avoid energy poverty in Spain. COMMITTED TO EMPLOYEES Grupo T-Solar promotes personal development plans, gender equality, and social volunteering action among its employees. The main initiatives for employees are the equality 77