Solarcentury starts construction on 300MW PV project in Spain

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

PV company Solarcentury and PV/wind operator Encavis AG have started construction on the US$250.5 million Talayuela Solar Project, a 300MW PV project being developed in Cáceres, Extremadura, Spain. Once completed, it will be one of the largest and most powerful subsidy-free solar developments in Spain to date.

During the construction phase of the installation, up to 400 local jobs will be created, of which at least 100 will be hired from Talayuela, as part of an agreement with the city. The 300MW installation will be located over 822 hectares of land, which is equivalent to 1,644 football fields. Of that parcel of land, 320 hectares will be protected land designated to protecting and improving the natural environment and local wildlife.

Over the course of construction for the Talayuela project, Solarcentury will install approximately 977,000 solar panels. The plant is expected to be operational in the second half of 2020, capable of powering around 150,000 homes and reducing CO2 emissions by more than 170,000 tonnes annually. 

Neil Perry, CFO of Solarcentury, said: “Talayuela Solar is a truly positive milestone for Solarcentury and our industry, clearly demonstrating how solar energy can contribute to a 100% renewable future without the need for government subsidies, at the same time as creating jobs, improving biodiversity and making a real difference in the fight against climate chaos.”

Earlier this month, Solarcentury secured a €54.8 million finance facility to construct 500MW of solar farms in Spain, including the 300MW Talayuela project. The facility will also finance the 200MWp Cabrera array in Alcalá de Guadaira, near Sevilla in the south of the country.

Per an agreement struck between Solarcentury and Encavis back in October 2018, Encavis currently holds an 80% stake in the Talayuela plant, while Solarcentury retains the remaining 20% share.

Read Next

May 6, 2021
Independent power producer has Opdenergy has postponed an initial public offering (IPO) just days before its shares were due to start trading on the Spanish stock exchanges.
May 3, 2021
Solar developer Solarcentury’s brand name has been retired following the company’s acquisition by Norwegian state-owned utility Statkraft.
April 28, 2021
Spanish energy giant Iberdrola has partnered with oil and gas majors bp and Enagas on a feasibility study to develop a large-scale green hydrogen project in Valencia.
April 23, 2021
Spanish energy group Iberdrola is hoping to launch a solar-plus-hydrogen power project to decarbonise ceramic tile maker Porcelanosa’s production process.
April 21, 2021
Independent power producer Opdenergy has mandated BBVA as the underwriting entity for financing the development and construction of its 725MWp backlog of solar projects in Spain.
April 20, 2021
A new PV manufacturing start-up, Greenland, is collaborating with Fraunhofer ISE and Bosch Rexroth on a 5GW highly automated and integrated manufacturing facility in Spain.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021