Avintia Energía and Plenitude to build 850MW solar portfolio in Spain

May 20, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
avintia energia
The Avintia Energía and Plenitude portfolio could be expanded to reach a total capacity of 1GW. Image: Avintia Energía

Avintia Energía, the renewables development arm of Spanish construction group Avintia, plans to build an 850MW portfolio of greenfield solar projects with Italian oil giant Eni’s subsidiary Plenitude in central and southern Spain.

The portfolio will consist of seven projects, and Avintia Energía noted that they could be expanded, to increase the total capacity of the portfolio to as much as 1GW. While the companies did not specify what technologies would be used at the projects, or announce a timeline for the construction, Avintia Energía noted that the projects could be co-located with battery energy storage systems (BESS), “depending on the location”.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“The collaboration with Plenitude is absolutely enriching and being able to count on their trust motivates us to continue offering the most to our clients and partners in a business that also allows us to generate a positive impact,” said Jose Castelo Curras, general director of Avintia Energía.

Plenitude has made a number of investments into the renewables space in recent years, with around 3GW of capacity currently in operation, and the company aims to commission a further 5GW by 2027. Last month, Plenitude began construction on a 330MW portfolio in the south-western Spanish province of Badajoz, as it looks to realise a renewables pipeline with a total capacity of 13GW.

The news is the latest positive development for the Spanish solar sector, which installed 5.6GW of new capacity in 2023, a 28% increase over the previous year. Last summer, the Spanish government announced some of the most ambitious new solar targets in Europe, as part of a wave of updates made to many EU member states’ National Energy and Climate Plans (NECPs); Spain nearly doubled its solar installation target from 39GW to 76GW by 2030, and projects such as Avintia Energía and Plenitude’s will only help meet this new target.

3 November 2026
Málaga, Spain
Understanding PV module supply to the European market in 2027. PV ModuleTech Europe 2026 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Premium
April 17, 2026
France remains an 'attractive' solar market, and a 'stable environment' for potential investors, according to Ksenia Dray.
April 16, 2026
Tech giant Amazon has announced nine new renewable energy power purchase agreements (PPAs) in Australia totalling 430MW, with eight projects featuring solar generation co-located with BESS.
April 16, 2026
The average price of a solar power purchase agreement (PPA) signed in Europe fell to €55.05/MWh (US$64.83/MWh) in the first quarter of 2026.
April 16, 2026
European solar procurement is shifting away from cost concerns towards other risks, according to speakers at the SolarPLUS Europe conference in Milan yesterday.
April 15, 2026
Iberdrola is set to acquire a 42MW solar PV plant in Lazio, Italy, taking its total installed renewable capacity in the country to 400MW.
Premium
April 15, 2026
Italy’s solar sector is an attractive investment space, and much of this is owed to the supportive auction systems managed by the government.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
March 9, 2027
Location To Be Confirmed