Iberdrola has obtained environmental approval for an 86.4 MW hybrid photovoltaic and hydroelectric plant located in Extremadura, in the municipality of Cedillo, Spain.
The initiative, named HIDRO Cedillo, will incorporate over 160,000 photovoltaic modules with a stationary framework. The integration of multiple technologies enables the efficient utilization of the grid and minimizes the environmental footprint in project locations. With the capability to alternate between two technologies, the project lessens reliance on variable environmental conditions and mitigates limitations arising from potential resource shortages like wind or sunlight. This approach enhances the stability and efficiency of renewable production.
Country updates
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January 08, 2024
Acquisition completed of 51% stake in 194 MW Goya portfolio of operational wind farms in Spain
Engie has increased its stake in the 194 MW Goya portfolio of operational wind farms in Spain. Engie has agreed to purchase a 51% stake previously held by Mirova, a subsidiary of Natixis Investment M...
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November 21, 2023
Statkraft acquires Spanish renewables firm
Statkraft has acquired Spanish renewables company Enerfin. This purchase incorporates 1500 MW of operational wind power, along with wind and solar capacity presently under construction, and a substan...
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November 17, 2023
Foresight Solar Fund Divests 50% Stake in Lorca Solar Farm Portfolio in Spain
Foresight Solar Fund Ltd said that it sold a 50% stake in its 99 MW Lorca portfolio in Spain. The transaction, valued at EUR26.9 million (USD 29 Million), involves the sale of a 50% stake in the Lorc...
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November 07, 2023
Final close reached for Q-Energy Fund V at USD2.5 billion
Qualitas Energy has reached a final close on Q-Energy Fund V (QE V) at EUR2.4 billion (USD2.5 billion) above the vehicle's hard cap of EUR2.3 billion (USD2.4 billion) and its initial target size of EU...
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October 09, 2023
USD139 million Financing secured for 238 MW solar project in Spain
Eranovum, together with its international partners Noy Fund and Nofar Energy, has secured financing worth EUR132 million (USD139 million) for its 238 MW Sabinar solar project in Cuenca, Spain.
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