Fotowatio Renewable Ventures (FRV) has started the operation of its 138 MW solar photovoltaic project in the Extremadura region of Spain.
The San Servan 220 solar PV farm consists of three solar parks - SS6, SS7 and SS8, which are installed in about 256 hectares of area in the municipality of Solana de los Barros in the province of Badajoz. Once operational, the project will generate about 290 GWh of energy per year which is equivalent to the annual need of up to 88,500 homes.
French bank Natixis supported the PV project, by providing undertaking finance. In addition, FRV has signed a power purchase agreement with Engie for the output of the solar plant.
Country updates
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February 07, 2022
NextEnergy Capital completes US$896mn final close for NextPower III ESG
NextEnergy Capital (NEC), has reached the final close for its NextPower III ESG (NPIII ESG), bringing the total capital raised to US$896 million, including an SMA. Including co-investments closed to d...
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February 07, 2022
PPA signed for 860 MW onshore wind farm in Spain
Charles River Laboratories International, Inc. has signed a PPA with Repsol, for the 860 MW Delta 2 wind project in Aragon, Spain.
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February 02, 2022
Matrix Renewables secures financing for 50 MW Olivares solar photovoltaic (PV) project in Jaen
Matrix Renewables, a TPG rise-backed renewable energy platform, has announced a new long-term financing agreement with Banco Santander for its 50 MW Olivares Project, which is located in the Spanish p...
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February 01, 2022
Malta Iberia wins project development agreement for 100 MW Sun2Store facility in Spain
The European Union and the European Investment Bank have awarded Malta Iberia Pumped Heat Electricity Storage S.L.U. (Malta Iberia), a European affiliate of Malta Inc., with a Project Development Assi...
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January 31, 2022
Ingeteam to provide O&M for 50 MW Curtis-Teixeiro biomass-fired power plant in La Coruña
Ingeteam has been awarded a biomass plant operation and maintenance (O&M) contract by Greenalia. The company will maintain the Curtis plant in the Galician region of Teixeiro in A Coruña.&n...
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