New solar park in Spain to more than meet the VELUX Group’s renewable power needs is up and running
The second of two solar parks commissioned from BayWa r.e. and enabled by the VELUX Group to meet its renewable power needs is now fully operational and connected to the power grid in Spain.
With this second solar park now operational, VELUX can more than meet its needs for renewable power in Europe. It creates a buffer of 65 % (or 66 GWh) compared to current consumption, thereby enabling future growth in production to happen powered by renewable electricity.
Located in the municipality of Guillena, Seville, the Gerena II park has an installed capacity of 60 MWp and is expected to generate approximately 90 GWh of renewable electricity for VELUX annually. Construction of the park commenced in January 2024 and was completed at the end of December 2024. The park started operating at the end of the second quarter of 2025 when it was connected to the local electricity grid.
This solar park is the second established by BayWa r.e. for VELUX based on a 10-year Virtual Power Purchase Agreement (VPPA). The first is in Alhendín, near Granada. It opened in May 2024 and is a pioneering Agri-PV installation, combining renewable energy generation and agriculture, with about 10% of the park designed so farming machinery can pass between solar panels.
The completion of the Gerena solar park and the connection of it to the Spanish electricity grid is much welcomed at VELUX. The Gerena and Alhendín parks are instrumental for VELUX to meet its 100% renewable energy needs in Europe.
Combined with Alhendín, these parks will generate 167 GWh of renewable electricity annually for VELUX and will reduce the carbon footprint of the VELUX Group by approximately 30,000 tonnes of CO2e from the company’s European operations and activities on a yearly basis. Together they generate the equivalent to the electricity consumption of approximately 45,000 European homes.
We are very pleased to be supporting VELUX in achieving its renewable energy needs. The completion of this second solar park according to the VPPA agreement is testament to the successful co-operation we have with VELUX enabling new renewable electricity generation to the grid.
Following its grid connection, the Gerena II solar park was acquired by asset manager KGAL on behalf of the Software AG foundation.
About the VELUX Group
VELUX roof windows have been bringing daylight and fresh air into peoples’ homes around the world for more than 80 years, creating better living environments. We offer a range of products including roof windows and modular skylights, decorative blinds, sun screening products, and roller shutters, as well as installation and smart home solutions. They help create bright, healthy, and energy-efficient places for people who live, work, learn, and play under the roof. We work globally – with sales and manufacturing operations in 37 countries and around 12,000 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company owned by the Villum Foundation and members of the Kann Rasmussen family. In 2024, the VELUX Group had a total revenue of EUR 2.96 billion while VKR Holding had a total revenue of EUR 3.87 billion. The same year, the Villum Foundation and the VELUX FOUNDATION donated a total of EUR 169 million in charitable grants.
For more information about the VELUX Group, visit velux.com.
About BayWa r.e.
At BayWa r.e. we rethink energy – how it is produced, stored and can be best used to drive forward the renewable energy transition that is essential to the future of our planet. We are a leading global developer for wind, solar and battery storage systems, an Independent Power Producer (IPP), service provider and PV distributor, with an expanding energy trading business. We have brought online over 6 GW of renewable energy and manage over 10.5 GW of assets. Through our Climate Contribution approach, which aligns with the best practices for climate action and the Paris Agreement, we are taking significant steps forward on our own sustainability journey. We have two joint shareholders: BayWa AG is a global business founded in 1923 that provides innovative and sustainable solutions in agriculture, building materials and energy sectors. Energy Infrastructure Partners is a market leader in energy infrastructure investment that manages over €7 billion from global investors.