GE, Alfanar Unite for 334MW of Renewables in Spain
- GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.
GE Vernova and Saudi engineering group Alfanar have teamed up to develop a 334 MW portfolio of wind and solar projects in Spain. The projects, located in the regions of the Valencian Community, Castile-La Mancha and Castile and Leon, will be developed, funded and built by the joint venture, with a goal of achieving ready-to-build status by 2025 and commercial operations date (COD) by 2027. The JV also plans to explore battery and energy storage solutions.
How Will GE Vernova & Alfanar Develop 334 MW Solar/Wind Projects in Spain?
- The 334 MW portfolio of wind and solar projects will enable to provide electricity to over 250,000 Spanish households.
- GE Vernova and Alfanar will be investing in the latest technology and software to ensure that the projects are in line with the latest renewable energy trends.
- GE Vernova and Alfanar will be developing the projects in accordance with relevant permitting and environmental regulations.
- The 334 MW portfolio will be connected to the Spanish electricity grid and will be able to deliver clean energy to Spanish households.
- The JV plans to install batteries and energy storage solutions to optimize the electricity production and minimize the electricity losses.
- GE Vernova and Alfanar will be working closely with the Spanish government agencies for the timely implementation of the projects.
- The projects will be monitored and managed with the help of software and analytics tools to ensure maximum efficiency and performance.