January 14 (Renewables Now) - Spain's Alcazar de San Juan government announced on Friday that Grupo Cobra is developing 190 MW of photovoltaic (PV) plants in the city.
In all, the subsidiary of Spanish group ACS (BME:ACS) is investing EUR 175 million (USD 200.72m) in the installation of four solar facilities. This will contribute an estimated EUR 5.5 million in taxes for the municipality.
These PV farms, which will occupy an area of 400 hectares (988.4 acres) in the municipality, are expected to be fully operational by 2020, which in turn will almost double the current 200 MW capacity in Alcazar de San Juan.
During the construction phase, around 400 jobs will be created while 20 will remain for the subsequent maintenance of the plants, the local government said.
In addition to these four solar farms, the government also announced it intends to triple its capacity with the installation of six more solar plants in the future.
(EUR 1 = USD 1.15)