Iberdrola has planned to build three solar photovoltaic farms, with a total installed capacity of 450 MW, located in Valencia Region, Spain.
The three projects represent a total investment of more than EUR235 million (US$280.27 million).
The company has plans to build two solar plants (PSF Ayora 1 and FV Cofrentes I) in Valle de Ayora-Cofrentes, each with an installed capacity of 200 MW, along with their energy evacuation infrastructures, such as a substation and the power lines necessary to transport the energy; and a third 50 MW facility (FV Alhorines), which is to be located in the La Encina district in Villena (Alicante).
The plants planned in the region will comprise a total of almost one million photovoltaic modules. Once operational, these facilities will generate enough clean energy to supply the equivalent of 220,000 homes and avoid emissions of 140,000 tons of CO2/year into the atmosphere.
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