Ingeteam and Matrix Renewables Partner to Supply 500 MW of Photovoltaic Equipment for Seven Plants in Spain

, a leading provider of state-of-the-art specialised components for the sector, has announced a new agreement with , a global renewable energy platform backed by TPG Rise. Under the terms of the agreement, Ingeteam will supply 500 MW of equipment to equip seven photovoltaic plants in Castilla León, Andalusia, and the Community of Madrid during 2023.

This agreement marks the second collaboration between the two companies, with Ingeteam having previously supplied components for Matrix Renewables' photovoltaic plant in El Rocío, Huelva.

See also: Marguerite Announces €60 Million Investment in Greenfield Solar PV Platform

The new agreement will see Ingeteam utilise its local expertise and manufacturing capabilities to ensure a constant flow of equipment, materials, and spare parts for the continuous operation of Matrix Renewables' plants.

The agreement is part of Matrix Renewables' plans to develop a portfolio of central inverter projects in the coming year, with the goal of consolidating the quality, continuity, and supply of clean energy in .

Matrix Renewables, which is a renewable energy platform created and backed by global alternative asset manager TPG and its $15 billion impact investment platform TPG Rise, currently has a portfolio of 9.4 GW of renewable energy and energy storage projects in , North America, and Latin America.

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