Megaproject Launched: IB Vogt Brings Record Solar Cluster with JinkoSolar Modules Online in Spain
Munich, Germany / Segovia, Spain – Renewable energy company IB Vogt officially commissioned the Segovia Solar Cluster in Spain in June.
The supplier of the solar modules is the Chinese company Jinkosolar, one of the world's largest solar manufacturers. Modern N-type TOPCon Tiger Neo modules were installed. According to the company, the solar cluster is expected to generate around 1.036 billion kWh (1,036 GWh) of electricity per year. This is enough to supply around 300,000 households with solar power - and avoids more than 480,000 tons of CO2 emissions every year.
“The Segovia Cluster stands as a flagship of what strong partnerships and shared ambition can achieve,” said Frank Niendorf, VP Europe at JinkoSolar, regarding the project. “The energy transition is far more than a strategic option—it is an ethical imperative. Spain stands before a once-in-a-generation opportunity to lead Europe in transforming its energy systems toward cleaner, cheaper, and more resilient electrification,” added Andreas Schell, CEO of IB Vogt.
With the startup, the Segovia Cluster exemplifies how sustainable and economically viable large-scale projects in the European solar industry can be executed, and how technological innovation and collaborative partnerships can drive the energy transition.
The project is supported by long-term power purchase agreements (PPAs) with international companies such as Thermo Fisher Scientific and Corning Incorporated. IB Vogt also prioritized sustainable development of the cluster, addressing ecological, economic, and social aspects. Environmental measures during construction included monitoring of flora and fauna, noise assessments, archaeological oversight, and topsoil management. In addition, native habitats were created.
JinkoSolar’s RENIXX?indexed shares are currently down 1?percent at €17.62. Compared to the New Year’s level, the stock stands at a 27?percent decline. After dropping 33.3?percent from January to May 2025, it recovered by 13.8?percent during June.
Source: IWR Online, 02 Jul 2025