The former Spanish industry minister, José Manuel Soria, has become the president of Island Green Power España SL, the Spanish unit of U.K.-based developer of large photovoltaic plants, Island Green Power.
Soto Solar has submitted the project proposal to the Ministry of the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start production in 2023 or 2024 and will have a generation capacity of more than 2,000 GWh/year.
LevelTen Energy reports each quarter on the prices that wind and solar project developers have offered for power purchase agreements, and makes medium-term estimates for the most important markets. Italy and Spain have been the most active markets in the first quarter of 2021.
The new company, which will be majority-owned by the Spanish insurance group, is currently developing 130 MW of photovoltaic projects across Spain.
The 133 MW Puerto Real 1 project is the first phase of a planned 223 MW solar plant in Cádiz. Swiss asset management firm Capital Dynamics last year acquired plant and has also purchased the upcoming 50 MW Puerto Real 2 project.
Albanian utility KESH has secured funding for its 12.9 MW floating solar plant and, in Spain, the Port of Malaga is planning a 2.1 MW floating facility. Construction began on two unsubsidized solar plants in Germany and Portugal. Enel and Sterling & Wilson will build two large solar plants in Peru and the US, respectively.
The Solcan scheme had a budget of €20 million. Most of the assigned PV capacity will be located in the islands of Gran Canaria and Fuerteventura.
A total of 6 Covid-19 positives have just been detected among workers at the Solara4 plant, located in the Portuguese Algarve. According to information obtained by pv magazine, work at the facility has been partially stopped.
Spanish water-treatment specialist Emalsa has teamed up with Instituto Tecnologico de Canarias ITC and Universidad Europea de Canarias to study the feasibility of a 1.53 MW floating solar plant that could potentially power the Piedra Santa desalination plant in Gran Canaria.
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