Iberdrola granted enviro approval for 50-MW solar project in Spain

Spanish utility Iberdrola SA (BME:IBE) has secured environmental approval to put a 50-MW solar farm at a site in the province of Salamanca, western Spain, it said today.

Investment in the project is estimated at over EUR 33 million (USD 35.8m).

Iberdrola plans to use over 382,000 PV modules to assemble the plant in the municipality of Villarino de los Aires. The company said the solar farm is expected to start operations in 2022.

Villarino de los Aires is one of several renewable energy projects that Iberdrola is seeking to execute in Salamanca and the wider region of Castile and Leon. Also in the works in the Salamanca area are the 318-MW Ciudad Rodrigo PV project, and the Villarino solar and wind farm projects totalling 500 MW.

Iberdrola plans to invest in some 1,800 MW of renewables in Castile and Leon in the coming years, it added.

(EUR 1.0 = USD 1.084)

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