Iberdrola Adds 750 MW of new Solar Projects to its Extremadura Pipeline

Iberdrola has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres in Extremadura

Spanish major Iberdrola has announced that in continuation of its green investment plan in the Extremadura region of Spain, it has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres.

The Tagus photovoltaic plant (380 MW) will be located in the municipality of Alcántara and will have more than 930,000 panels and 226 inverters on a fixed structure. The company expects that it will be commissioned between the end of 2022 and the beginning of 2023.

The Cedillo photovoltaic plant, located between Alcántara and Herrera de Alcántara, will have installed capacity of 375 MW, with 925,680 panels and 180 fixed structure inverters. In this case, it is expected to enter into operation in 2022.

With a joint investment of 420 million euros, the construction and start-up of these two solar PV projects will have a leverage effect on the industrial fabric and local employment, requiring the services of more than 1,700 professionals.

Iberdrola has placed Extremadura the centre of its renewable strategy in Spain, where it will develop more than 2,600 MW of photovoltaic energy by 2023, with an investment of 2 billion euros.

Following the startup of the largest photovoltaic plant in Europe, Núñez de Balboa (500 MW), Iberdrola is currently building eight renewable projects in the region, with total capacity of more than 1,300 MW. Projects include the Francisco Pizarro photovoltaic plant (590 MW), Europe’s largest photovoltaic project under development, which will provide 375,000 people/year with clean energy. It will become operative in 2022 and will prevent 245,000 tonne of CO2 emissions per year, reinforcing the competitiveness of this technology for protecting the environment and mitigating global warming. It is also making progress on the Ceclavín (328 MW), Arañuelo I, II and III (150 MW), Arenales (150 MW) and two plants in Cedillo (100 MW).

Iberdrola currently has more than 2,900 MW installed in the region, making it the second autonomous region with the most ‘green’ megawatts installed by the company. With the projects planned in the region, more than 2,600 MW, Extremadura’s renewable capacity will be doubled to 5,500 MW.