Spanish renewable energy developer Solaria has revealed it is negotiating with several American and European players to create joint ventures to develop cloud and artificial intelligence data centers.
In its Q3 earnings call, the company announced its broad commitment to the data center sector.
“We are also continuing our commitment to data centers, making progress in negotiations with different players with whom we will create joint ventures,” Solaria chairman Enrique Díaz-Tejeiro said.
The company currently has an energy portfolio of 1.7GW in three geographical areas of Spain: Madrid-Castilla-La Mancha, Garoña-Basque Country, and Catalonia.
Solaria pinpointed data centers as a significant growth area for the company as large energy consumers are expected to drive demand over the remainder of the decade.
Solaria has positioned itself as a critical player in the market, offering data center operators access to its generation and electrical infrastructure, including over 900km of electrical lines and 97 substations in Europe.
Solaria also announced its entry into the UK market by opening offices in Birmingham, UK. This adds to its already robust European portfolio, with 20GW capacity under development across the renewable energy spectrum.
In May, it announced the launch of a new data center subsidiary. At the time, it said it had 155MW of grid connections and was requesting another 860MW.
Following this, in September, the firm announced that it was building a 200MW artificial intelligence data center with Japanese technology company Datasection in Solaria’s industrial facilities in Puertollano converted to data center use.
