Dominican Republic: SUNfarming to Build 50 MW Agro-Solar Farm

• SUNfarming invests $150 million in a 72,400 MWh solar farm, scheduled for completion by 2022. Get the latest details on this ambitious project.

SUNfarming has committed to invest $150 million in the project. The construction of the solar plant is expected to begin later this year and be completed by 2022. The solar farm will be able to generate up to 72,400 MWh of electricity annually.

How Much Will SUNfarming Invest in Solar Plant?

• SUNfarming, a German renewable energy company, will invest $150 million in a new solar plant in Spain.
  
• The plant will be located in the municipality of Velez-Malaga in the south of Spain.
• Construction of the solar plant is expected to begin later this year and be completed by 2022.
• Once completed, the solar farm will have a total capacity of 200 MW and be able to generate up to 72,400 MWh of electricity annually.
• The plant will be the largest solar power plant in Europe and will help Spain meet its climate change targets.
• The solar plant will be built and operated by SUNfarming, and the energy produced will be sold to the Spanish energy market.
• The plant will be equipped with state-of-the-art solar technology, including photovoltaic modules, power electronics, and battery storage systems.
• The solar plant will create hundreds of jobs in the area and provide economic benefits to the local community.