The El Goro Business Park, in the municipality of Telde, is poised to become a national benchmark for sustainability following the completion of financing for the first phase of the SEVI-GoroEco industrial energy community. BBVA has provided the necessary financial backing to launch this ambitious project, which integrates more than 200 local companies for the shared self-consumption of renewable energy, primarily through photovoltaic solar technology.
The initiative, managed by Canaluz, is structured in three stages with a ten-year development horizon. The ultimate goal is to consolidate a self-sustaining energy system that guarantees the efficiency and decarbonization of one of Gran Canaria’s most important industrial parks. The collaborative model allows companies located in the park to generate and use clean energy in their daily operations, reducing costs and emissions through cooperation.
The project addresses the archipelago’s historical dependence on non-renewable energy sources by leveraging the island’s high solar potential. In addition to energy infrastructure, SEVI-GoroEco includes plans for sustainable mobility and job creation related to both the construction and operation phases of the system. The overall planned investment positions this project as a scalable solution for other industrial parks across the country.
José Manuel Martín Martín, BBVA’s regional director in the Canary Islands, emphasized that this operation reaffirms the bank’s commitment to the energy transition in the islands. The financial backing not only ensures the start of construction but also validates a model of innovation and business collaboration that aims to transform the El Goro Business Park into a sustainable and lasting economic engine for Gran Canaria.