9REN Group

About 9REN Group

9REN Group operates as a specialized entity in the renewable energy sector, focusing on the design, development, construction, and operation of turnkey power plants. The company was formally established in April 2008 through the merger of Spanish contractor 9REN Espana (formerly Gamesa Solar) and Italian development firm Ener 3, following the acquisition of both by the global energy investor First Reserve Corporation. This strategic consolidation created a significant player in the Southern European renewables market, with headquarters in Madrid, Spain, and a strong presence in Italy.

The company's core business revolves around engineering, procurement, and construction (EPC) for photovoltaic, solar thermal, and wind energy projects. Beyond developing its own portfolio of power plants, 9REN Group extends its expertise to third-party clients, offering turnkey project management and comprehensive operation and maintenance (O&M) services. This dual approach allows the company to generate revenue from both the sale of energy from its own assets and from service contracts for managing plants owned by others. For instance, in 2013, the company secured an O&M contract for a 1.4 MW solar plant built by OHL Industrial in Spain, expanding its managed portfolio.

A key component of its service offering is the proprietary EOSystem, a real-time monitoring technology developed to manage its geographically dispersed photovoltaic installations across Europe and the Middle East. This system, built on AVEVA's System Platform, provides a centralized control infrastructure, enabling the company to reduce field operation costs and improve efficiency. The implementation of this technology led to a 50% increase in event recognition and a 5% boost in the solar tracking capabilities of its photovoltaic systems. The company's project history includes a significant €80 million financing deal in 2010 to fund the construction of 22 MW of solar projects in Italy. The firm was ultimately acquired by Siemens Gamesa Renewable Energy on January 1, 2017.