X-Elio, a Spanish solar energy developer, has started the construction of its 50 MW CSF Tabernas solar photovoltaic (PV) project located in the province of Almeria in Andalusia, Spain.
For the development and construction of this plant, a financing agreement has been signed with Banco Sabadell for an amount of EUR27 million (US$29.01 million), which represents around 70% of the plant’s total investment. The total investment for the CSF Tabernas solar PV plant will be EUR38 million (US$40.83 million).
Once commissioned, the project can generate up to 104 GWh of energy per year and can meet the demand of up to 10,000 local homes.
Country updates
-
-
April 25, 2022
GE signs PPA for 21 MW wind project in El Coto
GE Renewable Energy has signed its first European Power Purchase Agreement (PPA) from a new 21 MW onshore wind farm in Spain with its partner, Forestalia. Through this long-term agreement, GE Renewabl...
Read more -
April 25, 2022
Nestle signs PPA with BayWa r.e for the 50 MW Picon solar PV project in Ciudad Real
Nestlé has signed a 10-year power purchase agreement (PPA) with BayWa r.e., with power supplied from a new 50 MW “Picón” solar park located near Ciudad Real in Castile-L...
Read more -
April 25, 2022
Iberdrola secures approval for the development of the 50 MW Villarino solar PV project in Salamanca
Iberdrola has received a favorable Environmental Impact Statement (EIS) for the development of the 50 MW Villarino solar photovoltaic project located in the municipalities of Villarino de Los Air...
Read more -
April 22, 2022
Siemens Gamesa to sell South European renewables development assets to SSE
Siemens Gamesa has entered into an agreement with SSE to sell South European renewables development assets for a total cash consideration of EUR580 million (US$626 million). This sale includes a pipe...
Read more -
April 21, 2022
Greenalia begins public exhibition phase for 33 MW Lamas de Feas wind project in Ourense
Greenalia has announced that its proposal to develop a 33 MW wind farm in Galicia, northwest Spain, has reached a permitting milestone. The company now begins to public exhibition phase. Lamas de Fe&...
Read more
