Iberdrola Expands Renewable Portfolio with 406 MW in Spain

• Iberdrola SA secures permits for 406 MW of solar and wind projects in Spain, investing EUR 260 million in renewable energy.

Spanish utility Iberdrola SA has received construction permits for 406 MW of solar and wind farm projects in Spain. The permits include the 184-MW Cofrentes I and the 182-MW Ayora I solar farms in the Valencian Community, as well as the 40-MW Labraza wind farm in the Basque Country. The investments in solar are expected to reach EUR 260 million, with each project costing EUR 130 million.

The Cofrentes I and Ayora I solar farms will have around 400,000 modules mounted on fixed structures and are estimated to generate 332 GWh and 319 GWh of electricity per year, respectively. In addition, Iberdrola plans to add more renewables in the Valencian Community and is also developing wind projects in the Basque Country through a public-private partnership.

What are the details of Iberdrola's solar and wind farm projects in Spain?

• Iberdrola SA has received construction permits for 406 MW of solar and wind farm projects in Spain
  
• The permits include the 184-MW Cofrentes I and the 182-MW Ayora I solar farms in the Valencian Community
  
• The permits also include the 40-MW Labraza wind farm in the Basque Country
  
• The investments in solar are expected to reach EUR 260 million, with each project costing EUR 130 million
  
• The Cofrentes I and Ayora I solar farms will have around 400,000 modules mounted on fixed structures
  
• The Cofrentes I solar farm is estimated to generate 332 GWh of electricity per year
  
• The Ayora I solar farm is estimated to generate 319 GWh of electricity per year
  
• Iberdrola plans to add more renewables in the Valencian Community
• Iberdrola is also developing wind projects in the Basque Country through a public-private partnership.