pv

Acciona, to build a 62 MW solar PV plant in Portugal

The facility will be located close to Moura, South of the country, and will produce some 91 milliion kWh per year. The plant will be 6 times bigger than the world's current largest PV plant. With more than 200 million euros, its construction will have two phases: the first one, including 40/45 MW will be finished by 2008, and the second one -for the remaining capacity- will be completed by 2010. The plant, which will be carried out by Acciona Solar, will make the Spanish firm the first on the list of PV owners in the world, as the company stated.

The agreement also includes the construction of a manufacturing plant in Moura, with a total capacity of 24 MWp/year. Besides, Acciona will provide 3.5 million euros to a local infrastructure development fund.

Acciona will purchase 100% of Amper Solar, owner of the solar facility rights thanks to the approval granted by Portugal's finance department. The City Council will be able to keep up to 20% of the company's shares.

This agreement represents Acciona's first move in the international PV scenario, which has been growing between 30% and 40% in the last years.

According to Acciona, the company installed some 35% of the grid-connected capacity installed in Spain last year, and now has installed or is currently doing so, more than 25 MW. The firm is also leading the solar thermal market and is currently building the biggest solar electric thermal plant in Nevada's desert (USA) contracted in the last 15 years, with an astonishing 64 MW.

For additional information:
www.acciona.es
Tags: Solar , PV , Grid , Solar thermal , Spain
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