innogy has taken the final investment decision (FID) for a solar farm in Spain. The ‘Alarcos’ project is set to have a capacity of about 50 megawatts and will be operated without state subsidies. Both the beginning of construction and full commissioning of the photovoltaic plant are planned this year.
The planned investment volume, including the acquisition of project rights for Alarcos, amounts to about €40 million in total. The Alarcos project was developed by the Spanish company Synergia Energy Solutions, S.L. and 100 per cent of shares were sold to innogy in summer of last year. The contracting parties have agreed to keep the conditions of the transaction confidential, including the purchase price.
The large-scale solar farm will be located to the south of the city of Ciudad Real in the Autonomous Community Castilla-La Mancha. According to current plans, the last pending approvals are set to be made available in the coming weeks so that construction work can begin in early April. It is anticipated that commercial operations will start at the end of 2019. After full commissioning the solar plant will produce enough green energy to supply the equivalent of around 25,000 homes.
innogy’s subsidiary BELECTRIC is responsible for all construction works and will also take on operation and maintenance of the solar farm as a service provider.
Country updates
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January 21, 2019
Iberdrola launches 111 MW wind complex in Spain
Iberdrola has launched the Cavar Complex project in Spain that consists of four wind farms with an installed capacity of 111 megawatts. It is a joint initiative by Iberdrola and Caja Rural de Navarra....
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January 21, 2019
ContourGlobal plans to acquire 50 MW Puertollano CSP project in Castilla-La Mancha
ContourGlobal Plc plans to purchase of the 50 MW concentrated solar plant (CSP) of the Spanish utility Iberdrola SA. The 50 MW Puertollano CSP is located in the autonom...
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January 17, 2019
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January 17, 2019
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ACCIONA Energía will complete the start-up phase of the wind farm in the last week of 2018, fourteen months after having started removing the old wind turbines. The lattice tower turbines -with...
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January 17, 2019
Two solar PV projects in Spain receives environmental approval
Aldesa, the developer of two 24 MW solar farms in Spain, has received a positive environmental impact assessment from the local government. FV San Jorge and FV Burguillos will be built in an area tha...
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