Iberdrola bills PV project as Europe’s largest

Facebook
Twitter
LinkedIn
Reddit
Email
The 590MW Francisco Pizarro scheme sees the light as Núñez de Balboa plant (pictured) progresses through construction (Credit: Iberdrola)

Spanish utility Iberdrola has put forward plans for what it claims is Europe’s most sizeable PV project to date, a scheme in the Spanish region of Extremadura.

The 590MW Francisco Pizarro project is now awaiting ministerial all-clear for construction at a 1,300-hectare site in the Torrecillas de la Tiesa and Aldeacentenera municipalities, in the Cáceres province.

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

If authorised, the scheme would create up to 1,000 jobs and take until 2022 to complete, Iberdrola said. Once operational, it would cover the energy needs of 375,000 individuals, the firm said.

Iberdrola’s Francisco Pizarro project – named after the Spanish conquistador who led the invasion of the Incans in the 1500s – sees the light as construction continues for the Núñez de Balboa plant, a two-hour drive south in Extremadura.

The separate scheme will boast a 500MW size – of which 391MW is the maximum volume that can be linked to the grid – and is scheduled to complete by September 2020. It is backed by PPAs with financier Kutxabank, telecoms firm Euskaltel and food distributor Uvesco

Iberdrola ramps up renewables as Spain turns the page

The large-scale duo comes as part of Iberdrola’s plans, unveiled in February, to commission 10GW of renewables by 2030.

Much of the 2GW currently under development are other PV projects in Extremadura such as Ceclavín (328 MW) and Arenales (150 MW), as well as 50MW schemes in Andalusia and Castilla-La Mancha.

In Spain, the emergence of PV mega-facilities comes as the country turns the page from – but continues to pay for – the years of subsidy reversals and self-consumption barriers.

Environment minister Teresa Ribera, who must now clear Iberdrola’s new project, has yet to be re-confirmed in the government resulting from general elections in April. Speaking to PV Tech, solar representatives called for her permanence after praising her decision to undo the so-called sun tax.

2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

November 11, 2026
Greek energy group Helleniq Energy is planning to invest over €1 billion (US$1.1 billion) in clean energy projects in Romania by 2030.
November 10, 2026
Electricity exports have generated US$500 million in revenue for Türkiye since the beginning of 2025, according to think tank Ember.
November 10, 2026
Solar equipment manufacturer Ecoprogetti has announced that it has deployed a solar PV module recycling plant in Sale, northern Italy.
November 9, 2026
The Global Solar Council is set to unveil a ‘global rooftop solar declaration’ committing governments worldwide to 300 million new solar homes.
November 5, 2026
After two months of module price decreases in Europe, all solar module and inverter types have gone up, according to the latest PV Index report from online solar marketplace sun.store.
November 5, 2026
IB Solar has signed an MoU with three German companies to develop a 2GW TOPCon solar cell manufacturing line at its facility in India.

Upcoming Events

Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye