Belesar III is a 215MW hydro power project. It is planned on Mino river/basin in Galicia, Spain. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 215 | – | 215 | Announced | Galicia, Spain | Naturgy Energy Group |
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Description
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The project is being developed and currently owned by Naturgy Energy Group.
The project cost is expected to be around $297.554m.
The hydro power project consists of 2 turbines, each with 107.5MW nameplate capacity.
The project has 2 electric generators that will be installed at the project site.
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By GlobalDataDevelopment Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.
About Naturgy Energy Group
Naturgy Energy Group SA (Naturgy), formerly Gas Natural Fenosa, is an integrated gas and electric utility that carries out the exploration, development, liquefaction, regasification, transportation, storage, distribution and commercialization of natural gas. The company also undertakes the generation, distribution and commercialization of electricity. It carries out power generation through combined cycle, thermal, nuclear, hydro, co-generation and wind farm plants, and other special regime technologies. It has electricity generation operations in Mexico, Costa Rica, Dominican Republic, Panama, Chile, Brazil, Puerto Rico, and Australia. The company has operations in the Americas, Europe, Africa, Asia and Oceania. Naturgy is headquartered in Barcelona, Spain.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
