Spanish developer X-Elio has formed a joint venture with Alabama outfit Sofos Harbert to build solar photovoltaic projects in south-eastern US.
The JV follows several moves by X-Elio to expand its presence in the US, where the company expects to have 170MW under operation by the end of 2019.
The company is also boosting its development activity in the US through several other projects and partnerships.
X-Elio chief executive Jorge Barredo said: “X-Elio has been progressively entering into the US market since its inception. In addition to our ready to build project acquisition activity, our focus and intentions in greenfield development are ramping up with this strategic partnership with Sofos Harbert.
“We feel the south-east region of the US is a promising market, and having such a strong partner in Sofos Harbert we are strengthening one of our pillars in our US strategy.”
Sofos Harbert chief executive Juan Mayoral said: “We have the certainty that the south eastern region of the US is going to be one of the most important solar energy markets in the upcoming years, and we as an, Alabama-based company, are in the best position to help our communities in the transition to a new energy producing scheme.
“We are convinced that more than a business, we are part of a brighter future and we are leaving a better world for the generations to come.”