Recently,a 391MW photovoltaic power plant in Spain was started,and iberdrola further consolidated its plan to increase the number of Giva-level renewable enrgy projects in Spain in a few years.
In the Extremadura alone,the utility company plans to add 2 GW of solar and wind power projects.The company's Nu?Ez de Balboa project in Usagre(Badajoz) has begun installing the first component.
This project is known as the largest photovoltaic project in Europe to date and the most important proje -ct in iberdrola,with an investment of approximately 300 million euros.The project coveres an area of 1,000 hectares and has installed more than 1.4 million PV modules.The maxiumum installed capacity is 391MW.
The Nu?Ez de Balboa project is scheduled to be commissioned in September 2020,and the project will generate enough electricity to meet the needs of 250,000 people.Power generation will be delivered to the adjacent 400KV bienvenida substation,which will then be purchased by Kutxabank,Euskaltel and Uves -co Food Distribution through a power purchase agreement.
At the launching ceremony this week,liberdrola president Ignacio Galán said,"This large renewable erer -gy project is a pioneer project that will strengthen the leadership of Extremadura,Spain and the EU in transitioning to more sustainable energy systems.Status."The ceremony was attended by Guillermo Fernández Vara, Chairman of the Extremadura region.According to information released by Iberdrola in February,the company plans to put into operation 10GW renewable energy projects in 2030.The compan -y's planned 2022 Extremadura area project is only part of this ambitions plan.In addition to the Nu?Ez de Ballboa project,other power stations in the region,including the 328MW Ceclavín power station in the region,including the 328MW and the 150MW arenales power station,also contribute to this milestone.
In the Spanish PV industry,iberdrola is the latest company to embark on a road to power purchase agreements.Spain is gradually adopting a zero subsidy program.Investors Smartenergy and Aquila and developer Baywa r.e. are several companies that have recently taken a place in the iberian market.
