The Alarcos project was developed by Murcia-based Synergia Energy Solutions, which sold it to Innogy in the middle of last year.
The plant will be built in the municipalities of Ciudad Real and Poblete, in the southern region of Castilla-La Mancha. It is expected the final permits will be received in the coming weeks so construction can start in April, with commercial operation due to start at the end of the year.
Alarcos launches Innogy into Iberian PV
Belectric, a subsidiary of Innogy, will be responsible for construction as well as operation and maintenance. Innogy said Belectric has built PV plants around the world, including in Spain, with a total capacity of around 2 GW.
Innogy operates onshore wind farms in Spain with a capacity of more than 440 MW and four small hydroelectric plants totalling 12 MW. In addition, the company has an interest in a 1 MW PV plant in the Spanish province of Toledo, and in the 50 MW Andasol 3 thermosolar plant in Granada.
Thorsten Blanke, head of Innogy’s solar division, said: “This is just the beginning. We want to create an important solar portfolio and we have already secured new opportunities in the Iberian peninsula.”
German rival Baywa re, recently reported not only the completion of its first solar plant in Spain, but also its sale. The company completed the 175 MW Don Rodrigo solar plant – also without subsidies – in Alcalá de Guadaíra and announced its sale to Meag, an asset management company belonging to Munich Re, at the end of last year.