From pv journal in Spain
Spain’s largest vitality provider, Iberdrola, and Spanish PV venture developer Prosolia have acquired a environmental allow from the Portuguese authorities to construct a 1.2 GW photo voltaic plant within the municipality of Santiago de Cacém, about 200 kilometers south of Lisbon.
Iberdrola stated that the venture is the biggest PV plant in Europe. It says that “be an instance of strict respect for all environmental requirements.” The venture is predicted to start out business operation in 2025.
“The land that can host the venture has already been acquired,” Iberdrola stated.
The venture was initially introduced in September 2021. On the time, Prosolia stated the plant would have a capability of 1.14 GW and would use Tesla batteries. Nonetheless, as introduced yesterday by Iberdrola, nothing was talked about concerning the storage unit.
Final December, the European Funding Financial institution (EIB) stated it will finance 188 MW of PV vegetation being developed by Iberdrola in Portugal. The corporate additionally introduced plans to take a position €3 billion ($3.26 billion) in photo voltaic, wind and storage initiatives in Portugal by the tip of the yr.
Prosolia and Iberdrola collectively plan to take a position €850 million within the building of 4 photo voltaic parks with a mixed capability of 360 MW in Spain, in addition to a 1.2 GW photo voltaic facility in Portugal, by 2025.
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