The multinational Iberdrola completed the gigantic 500 MW Núñez de Balboa solar park in the Spanish region of Extremadura, which has become the largest completed solar project in Europe.
Iberdrola confirmed that the installation was completed in about a year and that it subsequently received the commissioning permit from the Ministry of Ecological Transition. Red Eléctrica de España, the network operator, has already started testing and operations are expected to start in the first quarter of 2020.
Iberdrola has placed this project at the center of an important strategy to help revive the development of renewable energy in Spain and deploy around 3 GW of clean energy production in 2022, most of which has been set for the Estremadura region.
Around 290 million euros ($ 325 million) of investment made the project possible, thanks to green funding from the European Investment Bank and the Spanish public financial agency Instituto de Crédito Oficial.
Núñez de Balboa covers some 1,000 hectares in the province of Badajoz, located in western Spain, near the border with Portugal.
About 1,430,000 solar panels have been installed and the project is expected to generate some 832 GWh of energy each year.
However, Núñez de Balboa’s time as Europe’s largest solar park will be short-lived, as Iberdrola has also advanced Francisco Pizarro’s 590 MW project in Extremadura. It is expected to enter service in 2022.
More information: www.iberdrola.com