Greenalia to develop 150 MWp of solar projects in Spain

• Spanish forestry as well as power group Greenalia SA (BME: GRN) stated today that it prepares to build three solar ranches with a complete capacity of 150 MWp in Valencia, Spain.

The company will invest over EUR 67 million (USD 81.9 m) in the Santa Anna I as well as II projects in the district of Monforte del Cid, as well as the Casa Mosen project in Salinas. Each park will have the capacity of 50 MWp.

Greenalia said it has actually offered the projects at a meeting with the Valencian government. The company secured link civil liberties for all three as well as is now pressing via the permitting procedure.

Once in operation, each solar ranches will can creating around 100,000 MWh per year. Throughout construction and maintenance, more than 1,100 jobs will be created in the region, Greenalia kept in mind.