Hive Energy receives planning for development of 169 MW Olmedilla solar project in Cuenca

Hive Energy has received preliminary planning approval for its 169 MW Olmedilla solar photovoltaic project located in Cuenca province, Castilla La Mancha, Spain.

In February 2020, the project was acquired by Noy Infrastructure & Energy Investment Fund. Noy Fund and Eranovum Energy will jointly finance the project.

The project will use solar tracking technology, spread over about 420 hectares of land area. The construction of the project is scheduled to start before the end of 2020 and expected to be complete before the end of 2021.

ACISA Aeronaval de Construcciones e Instalaciones SA, Aldesa Group's Renewable Energy, Engineering and Industrial Projects company, was awarded the EPC contract for the project.