Juwi secures permit for a 450-MW solar project in southern Spain
Spain’s National Commission for Markets and Competition (CNMC) has officially given green light to Germany-based PV company Juwi to develop a 450 MW PV project in southern Spain.
The project will be located near Mula in the region of Murcia, and will involve an area spanning 1,088 hectares. The estimated investment stands at US$506 million. Once completed the solar PV facility will have the capacity to generate more than 750,000,000 kWh annually.
Upon completion, the Mula project is planned to be the largest photovoltaic solar plant in Europe. Construction works on the project will not begin until the Ministry of Industry also gives its approval.
The government of Murcia assigned the project the status of “Strategic Project” in 2013. This classification is assigned to infrastructure projects that can determine economic benefits for the region. The project was initially approved by Spain’s Ministry of Environmental Affairs in September 2015.
As we reported in late May, the government of Spain announced a new 3-GW renewable energy auction inspired by the success of the other 3-GW renewable auction round, launched the prior week.
This tenders together with the last week one, have been launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020.
Country news
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May 29, 2017
Spain to hold another 3-GW renewable energy auction
The government of Spain has announced a new 3-GW renewable energy auction, inspired by the success of last auction round.
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May 23, 2017
Forestalia selects GE to provide 1,200 MW of wind power in Spanish 3GW auction
The Forestalia Group, through the Sociedad Aragonesa Transeuropea de Energías Renovables, has been awarded a contract by Spain’s Ministry of Energy, Tourism and Digital Agenda to develop a 1,200 MW wind farm in Aragón.
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May 22, 2017
Enel/Endesa awarded 540 MW of wind capacity in Spanish 3GW auction
Enel, acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 540 MW of wind power capacity in Spain, following the tender for 3,000 MW of renewable energies.
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April 06, 2017
Gipuzkoa signs Zubieta waste to energy PPP
The government of Guipuzkoa, Basque country (Spain) and Urbaser-Meridiam consortium have signed the Zubieta waste-to-energy plant PPP.
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March 16, 2017
Cerberus achieves €130M refinancing of four Spanish wind farms
Cerberus Capital Management, through its Spanish affiliate Renovalia Energy Group, S.L, has successfully achieved €130 million (US$138.2 million) refinancing of a portfolio comprising four Spanish wind parks.
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