Aena SME SA has awarded the construction and commissioning of the 7.5 MW solar photovoltaic (PV) system at the Adolfo Suarez Madrid-Barajas Airport to the consortium between Instalaciones y Servicios para el Ahorro y la Eficiencia SA (INSAE) and Control y Montajes Industriales SA (CYMI).
The joint venture of INSAE-CYMI presented a bid of EUR8.2 million (US$9 million) which is the lowest offer in the launched tender. The construction works are expected to be completed in 39 months.
The solar PV system will be built on a 22 hectares (54.4 acres) of land area at the Madrid airport. It is expected to generate upto 11.7 GWh, enough to offset up to 16% energy requirement of the terminals 1, 2 and 3.
Country updates
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September 02, 2019
Audax divests stake in 58.6 MW of Spanish wind and solar assets
Audax Renovables (Audax) has proceeded during the last week of July to reduce more than EUR100 million (US$111 million) of debt. Part of the funds required for this purpose have been obtained through...
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August 29, 2019
Engie, Mirova closes financing of 50 MW Seneca solar PV project in Spain
Engie has announced, together with Mirova, that it had closed a financing agreement for an undisclosed sum with French bank BNP Paribas SA, to complete the construction of the 50 MW Seneca solar farm...
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August 27, 2019
Renovalia secured a financing for 79.2 MW merchant PV project in Spain
Renovalia Energy SA has secured EUR29.7 million(US$33.2 million) in project financing for 79.2 MW merchant solar photovoltaic project located in Puertollano, province of Ciudad Real, Spain. Banco...
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August 22, 2019
Alfanar secures EIB loan for 547 MW Lanuza wind project in Spain
Alfanar has secured a loan from the European Investment Bank (EIB) to build the 547 MW Lanuza wind farm in the Spanish regions of Andalusia, Asturias, Castile-La Mancha, Castile and Leon, Galicia and...
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August 20, 2019
ABO Wind completes sale of 450 MW solar and wind portfolio in Spain
German renewables developer ABO Wind AG has completed the sale of its 450 MW solar photovoltaic and wind portfolio located in Spain to an unnamed local investor. ABO Wind has already secured the grid...
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