Spain’s Iberdrola completes largest solar project in Europe

first_imgSpain’s Iberdrola completes largest solar project in Europe FacebookTwitterLinkedInEmailPrint分享Greentech Media:Spanish renewable power giant Iberdrola has completed work on what it claims is the largest solar project ever built in Europe.The 500-megawatt Núñez de Balboa facility is now undergoing testing with Spanish grid operator Red Eléctrica de España (REE) and is expected to be in full commercial operation this quarter.Europe’s previous largest project was the 300-megawatt Cestas, built by Neoen in the south of France. But the latest record might not stand for long with Iberdrola planning the 590-megawatt Francisco Pizarro project in Spain. Completion is expected in 2022.Iberdrola, among the world’s largest wind generators, has a series of power-purchase agreements (PPAs) in place for Núñez de Balboa. These include a 10-year deal with Kutxabank to power its operations. Telecommunications firm Euskaltel and the Uvesco supermarket chain are also signed up.Iberdrola is planning to install 3,000 megawatts of solar capacity in Spain by 2022 and a total of 10 gigawatts of renewables by 2030. The company is active in a variety of renewable markets around the world, including the U.S., where it is among the country’s largest wind operators through its Avangrid subsidiary.Total solar installations in Europe doubled in 2019 compared to the previous year, with further growth anticipated, according to research by SolarPower Europe. In the trade group’s most optimistic scenario, 2019’s tally of 16.7 gigawatts could double to 35 gigawatts in 2022.[John Parnell]More: Iberdrola completes Europe’s largest solar plant (and yes, it’s subsidy-free)last_img

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