Europe's largest solar park now on-line

Apr 8, 2020 06:57 PM ET
  • Ibedrola's 500 MW Núñez de Balboa solar park has actually begun industrial procedures, complying with the completion of building and construction in December.
Europe's largest solar park now on-line
Image: Iberdrola

Spanish energy giant Iberdrola has actually appointed the biggest PV plant in Europe-- the 500 MW Núñez de Balboa job-- complying with the conclusion of construction in December 2019.

The EUR300 million task, which entered into operation on Monday, is located between the municipalities of Usagre, Hinojosa del Valle, and also Bienvenida, in southern Spain's Extremadura region. Iberdrola established it in collaboration with neighborhood power supplier Ecoenergías del Guadiana. It features 1,430,000 photovoltaic panels, 115 central inverters, as well as two substations.

Iberdrola handled to protect green funding from the European Investment Financial institution and Spain's Official Credit report Institute. It signed a PPA with Uvesco (BM Supermarcados) covering 391 MW of the task's overall capability in November 2018, following the completion of an initial PPA that it signed with monetary services provider Kutxabank in July, along with one more one checked in mid-October with telecommunications company Euskaltel, which is based in Basque Nation.

Iberdrola prepares to set up 3 GW of solar until 2022, of which 2 GW will be located in Extremadura. By 2030, the firm intends to release around 10 GW. In June, it disclosed strategies to build two installations with a total ability of 800 MW of solar near Cuenca, in Spain's central-southern region of Castilla-La Mancha.

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