{"id":2360,"date":"2022-05-30T09:08:49","date_gmt":"2022-05-30T07:08:49","guid":{"rendered":"https:\/\/generialand.com\/solaria-shoots-up-its-results-and-continues-to-grow-in-europe-with-the-entry-in-wind-energy-and-generia\/"},"modified":"2025-02-20T10:38:26","modified_gmt":"2025-02-20T09:38:26","slug":"solaria-shoots-up-its-results-and-continues-to-grow-in-europe-with-the-entry-in-wind-energy-and-generia","status":"publish","type":"post","link":"https:\/\/generialand.com\/en\/solaria-shoots-up-its-results-and-continues-to-grow-in-europe-with-the-entry-in-wind-energy-and-generia\/","title":{"rendered":"Solaria shoots up its results and continues to grow in Europe with the entry in wind energy and Generia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2360\" class=\"elementor elementor-2360 elementor-1244\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d8761b5 e-flex e-con-boxed e-con e-parent\" data-id=\"d8761b5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8d3a5c8 elementor-widget elementor-widget-text-editor\" data-id=\"8d3a5c8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Doubles its net profit to 20.5 million euros compared to the first quarter of 2021<\/li><li>The company starts activities in the German market where it already has previous experience and increases Italy&#8217;s targets to 5GW by 2030 due to good progress in the market.<\/li><li>Solaria diversifies its business lines; enters wind power generation and is committed to the purchase of land in Europe thanks to the creation of a new company, GENERIA<\/li><\/ul><h2>Solaria, a leading company in the development and generation of photovoltaic solar energy in Southern Europe, today announced its results for the first quarter of 2022.<\/h2><p>During this period, Solaria has beaten its own forecasts, doubling its results compared to the same period of the previous year. Revenues increased by 59% to 36.5 million euros, EBITDA also climbed by 70% to 33.07 million euros and net profit grew by 98% to 20.5 million euros. <\/p><p>These figures are due to the exponential increase in the number of new photovoltaic plant connections. In line with the commissioning of these new installations, energy production increased from 143.2 GWh to 221.7 GWh during the year. <\/p><h2>Increases its target in Italy and returns to Germany<\/h2><p>Solaria continues its international growth with a focus on southern Europe, fully aligned with the European Union&#8217;s objectives of reaching 45% renewables by 2030. As part of its growth plan in Spain, the company continues to increase the connection of new plants and expand its project pipeline. In the Italian market, the group extends its growth target from 3 to 5 GW by 2030 as a result of good progress and the favorable market situation.  <\/p><p>As for other European countries, Solaria has decided to start activities in Germany, a market in which the company has already developed and executed projects in the past and where there is currently enormous growth potential due to the country&#8217;s firm commitment to solar energy, announcing in April a target of 215 GW by 2030.<\/p><h2>Entered wind power generation and created GENERIA, a company dedicated to the purchase of land<\/h2><p>Solaria is diversifying its business lines for the coming years. On the one hand, it will proceed to hybridize photovoltaic installations with other technologies, mainly wind power, which will involve the installation of an additional 1,200 MW of this energy source until 2030. Within the framework of Spanish legislation, Solaria will take advantage of the location of its plants in areas of great wind potential to hybridize projects in all those locations where it is possible.  <\/p><p>On the other hand, it is committed to the purchase of land in Europe, for which it has created the company GENERIA. Land will undoubtedly be a scarce and strategic asset for the development of renewables in the next decade and GENERIA will be the ideal solution for the European Union. <\/p><p>Committed to climate change<\/p><p>Solaria is diversifying its business lines for the coming years. On the one hand, it will proceed to hybridize photovoltaic installations with other technologies, mainly wind power, which will involve the installation of an additional 1,200 MW of this energy source until 2030. Within the framework of Spanish legislation, Solaria will take advantage of the location of its plants in areas of great wind potential to hybridize projects in all those locations where it is possible.  <\/p><p>On the other hand, it is committed to the purchase of land in Europe, for which it has created the company GENERIA. Land will undoubtedly be a scarce and strategic asset for the development of renewables in the next decade and GENERIA will be the ideal solution for the European Union. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Doubles its net profit to 20.5 million euros compared to the first quarter of 2021 The company starts activities in the German market where it already has previous experience and increases Italy&#8217;s targets to 5GW by 2030 due to good progress in the market. Solaria diversifies its business lines; enters wind power generation and is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2116,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solaria expands renewables with wind energy and Generia<\/title>\n<meta name=\"description\" content=\"Solaria diversifies into wind power and boosts Generia for strategic land acquisition in Europe, aligning with the EU&#039;s 2030 renewable targets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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