Iberdrola bought to return chunk of land under 500MWp solar project in Spain
- A Spanish court has ruled that Iberdrola has to return part of the come down on which its 500MWp Núñez de Balboa solar project has actually been constructed.
Judgment that the ask for the expropriation of the land "lacked cause or justification to rob the right of residential property", the court in the Extremadura region purchased Iberdrola to return 525 hectares under the project to its previous proprietor.
Extending a complete area of almost 1,000 hectares, the Núñez de Balboa setup was completed in 2019 as well as is Europe's largest PV plant, according to Iberdrola.
The utility, which intends to appeal the ruling to the high court, stated the disagreement comes from one of the three owners of the arrive at which the facility lies.
"The plant was constructed under a valid and also genuine title, so Iberdrola thinks about that there will certainly be no taking apart," the firm claimed in a statement, including that the project has all the required authorizations to create energy as well as will remain to run generally.
The setback comes as the company advances with the 590MWp Francisco Pizarro project, which is being constructed in the Extremadura region as well as is readied to come online this year.
Iberdrola signed a power purchase arrangement early last year to sell electricity from the Francisco Pizarro plant to French food team Danone.
Having actually mounted 3.5 GW of renewables last year, Iberdrola is intending to have 16GW of solar mounted by the end of 2025 and also get to a 95GW renewable energy portfolio by 2030.
