The Government of Castilla-La Mancha has announced that it has sanctioned a new renewable energy project in the region, proposed by PHOTOSOLAR MEDINA 4 SL. The project involves the development of a 50 MW solar photovoltaic power plant in Almansa, in the province of Albacete, and an investment of more than EUR33.5 million (US$38.9 million).
The plant is expected to produce 90 GWh per year, which could supply electricity to 36,000 homes. In addition, the project will employ more than 90 workers during the construction phase and generate important revenues for the town hall and the owners of the land to be leased.
All the required authorisations have now been obtained. This process took just four months, significantly less than in other regions of Spain.
Country updates
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September 13, 2018
REDEN Solar refinances solar assets in Spain and Portugal for US$116.6 million
REDEN Solar has announced that it has successfully completed the refinancing of its Portuguese and Spanish assets, raising a total of EUR100.5 million (US$116.60 million) in the process.
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September 07, 2018
Ingeteam wins contract to supply inverters for 500 MW solar project in Spain
Ingeteam has secured the supply and installation contract for the Mula solar project. Located in the south-east of the municipality of Mula in the region of Murcia, the photovoltaic power pl...
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September 05, 2018
Greenalia repays temporary loan for Spanish biomass project following close of long-term financing
Greenalia has disclosed to Spanish stock exchanges that it has repaid a loan for its 50 MW biomass project in Galicia. Noroeste Inversion Y Desarrollo, the majority shareholder of Greenalia,...
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September 02, 2018
Greenalia receives construction licence for EUR-70M biomass plant
The Curtis City Council granted the construction license for the Biomass Power that Greenalia will build in Teixeiro Industrial Estate. The plant will be built on a plot of 100,000 square meters loca...
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September 02, 2018
Atlantica Yield refinances 100 MW solar projects in Spain
Atlantica Yield has refinanced its 100MW Helioenergy solar power portfolio which consists of two assets located across 220 hectares in Ecija, in southern Spain, the Helios 1 and 2. Helios 1 and 2...
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