Construction starts on important 300 MW solar project in Spain
Solarcentury, together with Encavis AG, has begun construction on its EUR225 million (US$249 million) 300 MW Talayuela Solar Project in Cáceres, Extremadura, Spain.
According to Solarcentury’s plans, the Talayuela Solar Project (which covers an area of ​​822 hectares; equivalent to 1,644 football fields) includes 320 hectares of protected land designated to protecting and improving the natural environment and local wildlife.
Of this protected land, 100 hectares will be designated as a Holm Oak protection zone, with Solarcentury committing to the reforestation of 1,600 Holm Oak trees, to ensure that native flora and fauna are respected. The plans also include the installation of three bird lookouts and 35 different shelters for reptiles to encourage the protection of the local wildlife, as well as the development of a Nature Classroom, which will host interactive exhibitions and demonstration training and educational areas for visitors.
Solarcentury will install nearly one million (977,000) solar panels during the course of the project. To minimize the impact of such large-scale installation on the land itself, the panels will be anchored to the ground without the need for concrete foundations.
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 per year.
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.”
Talayuela Solar has been built without the need for public subsidies due to a unique financial Power Purchase Agreement (PPA), which ensures that the project receives stable and guaranteed income during the first 10 years of its operation. The energy generated by the solar plant will be sold to the free Energy market
The project is financially backed by the European Investment Bank and Deutsche Bank.
