Gestamp Solar inaugurates a photovoltaic plant in Puerto Rico

Madrid, January the 2nd, 2014. Gestamp Solar, the photovoltaic energy division of Gestamp Renewables (Corporación Gestamp), opened a photovoltaic plant in Puerto Rico’s Conventions Center on December the 27th. This installation has 5 MW power, composed of over 17.000 solar panels installed over parking spaces at both sides of the Center, and another 2.000 located over the Center’s ceiling. Gestamp Solar has invested over 20$ millions, creating 125 employees during the eight months of the construction and generating 25 permanent job positions for maintenance services. This plant will generate almost 8.000 MW/hour of solar energy every year, avoiding the emission of over 5.000 CO2 tons. This is the yearly electricity consumption of 725 homes. Alejandro García Padilla, Puerto Rico’s Governor, participated in the inauguration. Victor Suarez, Seaport’s Authority Director, participated too, as well as other Puerto Rico’s government authorities, which highlighted “that the new photovoltaic system meant a new vision for Puerto Rico’s energetic future”. Pablo Otín, Gestam Solar’s Country Manager in North America added: “this is the biggest photovoltaic parking shelters developed in Latin America and the Caribbean”. About Gestamp Solar Gestamp Solar (www.gestampsolar.com), the photovoltaic energy division of Gestamp Renewables, specializes in the development, construction, operation and maintenance of utility-scale photovoltaic plants in the United States, India, South Africa, South America, Thailand, China, Japan, Italy, France and Spain, and has developed constructed over 500 MWs Solar Energy projects to date. About Gestamp Renewables-Corporación Gestamp Corporación Gestamp, the parent company of Gestamp Renewables, is a multinational leader in Europe in the steel, automotive components and renewable energy sectors it is currently present in over 25 countries throughout Europe, the Americas and Asia, with over 120 plants. Composed by a global workforce of over 33,000 employees, Corporación Gestamp had total revenues of over 9 billion in 2012.

Gestamp Renewables (www.gestampren.com), a division of Corporación Gestamp, is an industrial group that operates and supplies components within the renewable energy sector. Since 2005, Gestamp Renewables has aspired to position itself as an international leader within the renewable energy sector, using a unique and integrated business model encompassing the entire value chain from the manufacture and supply of components, to the development, construction, maintenance and operation of wind, solar and biomass energy projects. Gestamp Renewables has developed over 1GW of energy in the past few years.

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