Ekhi is born in Spain to invest 100 million euros in distributed energy
Ekhi, the company of Dutch origin with headquarters in Madrid that offers renewable energy services of distributed generation and self-consumption to electro-intensive users, is born in Spain with a planned investment of 100 million euros to lead the industrial energy self-consumption market. The ekhi brand becomes independent in summer 2022 from Soto Solar, founded in 2018 and focused on the investment and development of large-scale solar parks.
Through the development, construction and investment in renewable energy and electrification projects, ekhi helps to reduce energy costs andCO2 emissions, with the aim of becoming an international benchmark for the commercial and industrial sector. The company, digital native and renewable, offers a wide range of services and, through an innovative business model and with an integrated approach, has become a 100% renewable platform that accompanies and encourages its users to implement their energy and sustainability strategy in Spain and Europe.
The energy services company has already signed more than 15 MW in industrial self-consumption PPAs in Spain. According to its growth forecasts, ekhi expects to reach 200 MW in Spain.
For its expansion in Spain, ekhi has appointed Lorenzo Font as managing director, a professional with more than twelve years of experience in the energy sector, who says:
"As experts in clean and competitive energy PPA solutions, we want to be a key partner and accompany our users in their energy transition process over the coming years. To this end, in addition to solar self-consumption projects (local on-roof PPA, financial or virtual off-site PPA and EPC turnkey projects, investment and financing by the user), we offer other sustainable energy technologies and services to accelerate the energy transition in Spain and Europe".
Ekhi PPA Solution(Power Purchase Agreement) is a model of long-term power purchase agreement, from 10, 15 and up to 30 years without investment by the user. This energy is produced in a photovoltaic park connected directly to the customer's internal network by means of a direct line or on its own roof. With this self-consumption model, users can obtain immediate savings of up to 30% in their energy costs and avoid the volatility and uncertainty of the market. In the event that electro-intensive users do not have enough space on their own roof, ekhi offers alternative solutions to supply them with clean and competitive energy and help them in the transition of their electrification step by step.
To fulfill its commitment to accompany the user in the process of reducing energy costs, ekhi also offers battery storage, off-site PPAs, electrification and energy efficiency services.
Currently, ekhi is located in Madrid, where it has a multidisciplinary and multicultural team of more than 15 professionals who accompany international users from various industrial sectors such as metal, chemicals, technology, telecommunications, food or plastics, among others, in their energy transition process.
