German asset manager Aquila Capital Investmentgesellschaft mbH has signed a five-year power purchase agreement (PPA) with Statkraft AS for the 50 MW Albeniz solar photovoltaic project in Spain.
The construction of the solar farm has started in January 2021. It is currently being developed in Almeria, south-eastern Spain.
Once enters commercial operation, the project is expected to save up to 33,000 tonnes of carbon emission.
Country updates
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March 01, 2021
OHL secures contract to build 150 MW solar project in Hueneja
OHL has been awarded the project that includes the construction of the photovoltaic plant in Huéneja (Granada) in Spain, with up to 150 MW worth more than EUR40 million (US$48.6 million). The c...
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February 24, 2021
Iberdrola plans first industrial-scale Spanish floating offshore wind farm
Iberdrola is planning the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR1 billion (US$1.2 billion) of investment to commission 300 MW of clean en...
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February 22, 2021
Iberdrola starts building 79 MW wind complex in Andalusia
Iberdrola has started building a wind complex consisting of three farms in Malaga and Seville, in Andalusia, with a total of 79 MW. The first of these wind farms is the El Puntal II project, with 15...
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February 16, 2021
NUI Galway joins research for Green Hysland hydrogen project in Mallorca
Researchers at NUI Galway are taking part in a green hydrogen research project in the Mediterranean which will help chart a path for the renewable energy enabler to be used in Ireland. Green Hysland...
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February 08, 2021
Everwood secures financing for the 50 MW Cartuja solar PV project in Cadiz
Everwood Capital has secured EUR25 million (US$30.12 million) financing from Liberbank SA for the development of 50 MW Cartuja solar photovoltaic project in Cadiz, Andalucia, Spain. The project is de...
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