Spanish independent power producer Grupo T-Solar has completed a 25 MW PV plant in the U.S. state of California.
The plant, located on 140 acres (56.6 hectares) of land in the city of El Centro in Southern California's Imperial Valley, will generate 55 GWh per year.
The sale of energy is regulated by a 30-year power purchase agreement with the Imperial Irrigation District utility company.
T-Solar CEO Marta Martinez said the U.S. was one of the company's target markets for growth "and a key market of our long term business strategy."
The North American Development Bank and Santander Bank NA, a subsidiary of Spain's Banco Santander, financed the $75 million project.
T-Solar noted that the new solar plant was located in an area "considered as priority by U.S. and Mexican governments in their effort to preserve and improve the environmental conditions and the quality of life of the people who live on the border between the two countries."
T-Solar looks set to expand its operations in the U.S. following the completion of the El Centro project. The U.S. Department of Defense recently awarded the company Multiple Award Task Order Contracts (MATOC) as part of a $7 billion program to install 3 GW of renewable energy in U.S. Army facilities by 2025.
T-Solar is also planning the construction of a new 30 MW solar plant in Puerto Rico.
The company currently operates 254 MW in Spain, Italy, India, Peru and the U.S.
T-Solar is a subsidiary of Isolux Infrastructure part of the Madrid-based Isolux Corsan group — which manages highway concessions (including 1,610 kilometers in India, Brazil, Mexico and Spain) and transmission lines (6,047 kilometers in Brazil, India and the U.S.).
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