French developer proposes 250 MW Spanish PV project


The project is at an early stage. The company has solicited the municipality of the city of Mérida to lease between 200 and 300 hectares state-owned land for the photovoltaic project.

The total amount of investment expected is €270 million (US$ 352 million) and the project will initially generate a profit of around €10 million, according to Mérida city’s mayor Pedro Acedo.