May 21 (Renewables Now) - Enel Green Power Espana (EGPE) on Thursday unveiled plans for the construction of over 320 MW of wind and solar parks in Spain next year.
The company, which is a subsidiary of Spanish energy company Endesa SA (BME:ELE), will invest EUR 280 million (USD 329.6m) in the plan that envisages the deployment of 64 MW of wind and 260 MW of photovoltaic (PV) capacity in the autonomous communities of Andalusia and Extremadura. The initiative will double EGPE’s installed renewables capacity in the two regions, which currently totals 350 MW.
In Andalusia, EGPE plans to build a 22-MW wind park in Vejer de la Frontera, close to the city of Cadiz, and a 42-MW wind farm near Malaga. Meanwhile, six solar parks totalling 260 MW will be constructed in Extremadura.
EGPE operates renewable and co-generation power plants in Spain. According to its website, it has a portfolio of wind, hydropower, solar and biomass plants with a combined capacity of 6,383 MW.
Thanks to capacity awards in wind and solar auctions in Spain, EGPE will construct 540 MW of wind and 339 MW of solar parks in the next few years. The implementation of the projects aligns with Spain’s goal to reach 20% renewables share in final energy consumption by 2020.
(EUR 1.0 = USD 1.177)