Canary Islands’s utility Disa buys another 7 MW of solar

The Spanish power and gas provider Disa has announced that it has acquired six 1.1 MW PV plants in Arico, a municipality in the archipelago from Spanish energy company Endesa.

The financial details of the transaction remained undisclosed. The company said that through this acquisition it has now raised its installed PV capacity to 20 MW, which represents 11% of the total installed solar power in the archipelago.

Overall, the company’s renewable energy power station portfolio has reached 43 MW to date. This represents around 6% of the renewable energy generation capacity of the Canary Islands, the company said.

Disa had acquired the 10 MW El Bailadero solar plant in the Canary Islands in December 2015. The facility is located in the municipality of Arico and provides power to the town of La Orotava, in the island of Tenerife.

According to the latest statistics released by the Spanish grid operator Red Eléctrica de España, the Canary Islands now have approximately 166 MW of installed PV capacity.

In late June, the archipelago’s Committee for Investments and Strategic Projects of the Canary Islands has given approval to 16 solar projects planned for the island of Gran Canaria. The projects include 15 commercial PV installations of hundreds of kilowatts each and a 1 MW solar park, the local government said in a press release. The solar park will be located in Las Palmas de Gran Canaria, while the other solar array will be installed in the municipalities of Ingenio, Telde, Agüimes and Galdar.