GCL SI plans to deliver 72 polycrystalline products with three varying grades of capacity for the Nuñez de Balboa project in the month of December.
Nuñez de Balboa is the first solar station for Iberdrola's public services in Europe. This 1000-hectare 500 MW project is currently the largest ongoing project in continental Europe.
In March 2019, GCL SI acquired the rights to be the supplier of 150 MW capacity to the Nuñez de Balboa project through a public tender.
The power plant is planned to start commercial operations in 2020. Once fully operational, the project will provide power to 250,000 people and offset 215,000 tons of carbon dioxide emissions per year.
The Government of Spain plans to generate more than 74% of its energy from renewable sources by 2030, far exceeding the overall EU target of 32%.
Country updates
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December 02, 2019
Cubico completes acquisition of a 20 MW solar farm in Murcia
Cubico Sustainable Investments, a London find owned by Ontario Teachers and PSP, has completed the acquisition of a 20 MW solar farm in Spain. The Luzentia solar photovoltaic plant located...
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November 29, 2019
Solaria Energia starts commercial operation of the 30 MW Polenino solar PV park in Aragon
Solaria Energia has started the commercial operation of the 30 MW Polenino solar PV park in Aragon, Spain. It has 80,000 modules and an installed capacity of 30MW. It will generate ab...
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November 28, 2019
Novasec to raise EUR80 million for the construction of 312 MW Gecama wind project
Novasec Ltd has secured exclusive rights to raise EUR80 million (US$88.13 million) to finance the development of Gecama, a land wind farm in Spain of about 312MW. The Gecama wind farm is th...
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November 28, 2019
EIB grants loan to 111 MW Cavar Complex wind project in Cadreita and Valtieera
The European Investment Bank (EIB) will provide EUR50 million (US$55 million) in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and Caja Rural de Navarra to build a new...
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November 28, 2019
Iberdrola's i-DE launches 3 MWh lithium-ion battery storage system in Caravaca de la Cruz
i-DE, Iberdrola's electricity distribution arm, has inaugurated the 3 MWh lithium-ion battery storage system for distribution networks in Spain. The project is located in the Murcian municipal...
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