Soltec to construct solar tracker factory at demolished nuclear power plant site in Spain

• Spanish solar energy expert Soltec Power Holdings SA (BME: SOL) said on Monday that it has signed a contract with renewables solid Enel Green Power Espana to build a solar trackers manufacturing facility around Aragon, northeastern Spain, in an area where Enel Green Power's parent firm used to run a now destroyed coal-fired nuclear power plant.

The arrangement becomes part of a bigger EUR-1.5-billion (USD 1.57 bn) socio-economic plan that Spanish utility Endesa SA (BME: ELE) made to transform the land where the Andorra nuclear power plant when stood and create work for local communities either through own renewable energy projects or partnerships with various other firms.

Soltec said that it will set up the factory in storage facilities as well as facilities of the previous power plant and create around 40 irreversible jobs in the area. Trackers from the manufacturing facility can later be used in solar projects that Endesa, with Enel Green Power, will build on gotten rid of land at the Andorra site, according to Soltec statement.

When Endesa shut down the Andorra power plant in 2020, it freed up over 1,000 MW of capacity, which the Spanish federal government put to tender to attract socially conscious renewable energy advancement in the area.

In October 2022, Endesa won the tender, protecting a provisional award for 953 MW of renewables and the choice to connect to 1,200 MW at Andorra's old grid point.

The utility last week provided its commercial as well as socio-economic plan for Andorra and also its neighbourhood, claiming that it will use the site to set up over 1,800 MW of renewable energy capacity. The strategy consists of building of seven wind and also seven solar ranches operating as hybrids, two battery power storage systems, one green hydrogen electrolyser, one concurrent condenser and one electrolyser factory.

Endesa anticipates its strategy to assist develop over 6,300 jobs as well as 370 permanent positions throughout the functional stage of the new energy plants.