Tamesol acquired by International Solar Group


Tamesol, the Catalan, Spain-headquartered producer of solar panels, has confirmed the sale of its flagship Girona production facility to U.K. multinational International Solar Group (ISG) for an undisclosed fee.

The purchase of the plant sees ISG acquire Tamesol, with the deal intended to allow the Spanish firm to continue to pursue its expansion plans, while ISG sidles into a competitive corner of the European solar landscape and wider renewable energy sector.

Tamesol has been in operation from its Catalonian base for more than 12 years, and has shipped more than 1.6 million of its TM-Series modules to 30 countries worldwide. ISG and Tamesol have agreed to keep any disruptions to a minimum, with both companies pledging to keep all human, technological and management resources in place.

Tamesol’s current footprint globally includes its Girona central offices, a Los Angeles branch, production facilities in China, India and Taiwan, and a logistics warehouse in Rotterdam.

Part of the terms of the acquisition agreement will see Tamesol provide 300 MW of solar panels for a macro project in India, of which ISG is a promoter. Completion for these projects is penciled in for the midway point of next year, where ISG is involved in the creation of PV parks in Bengaluru, Bhuwaneswar, Ananthpur, Vayalpadu and Gujarath.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.