Ekienea Solar PV Park is a 100MW solar PV power project. It is planned in Basque Country, Spain. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Announced | Basque Country, Spain | Ente Vasco de la Energia; Iberdrola |
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Description
The project is being developed and currently owned by Ente Vasco de la Energia and Iberdrola. The company’s ownership stake in the project stands as 75% and 20% respectively.
Ekienea Solar PV Park is a ground-mounted solar project which is planned over 200 hectares.
The electricitiy generated from the plant will offset 25,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $78.9m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Ente Vasco de la Energia
Ente Vasco de la Energia (EVE) operates as an energy service provider that offers energy planning and management services. The institution promotes energy saving and efficiency measures. It operates energy projects in smart grids, alternative transport, marine energy, and European projects such as coopenergy, a2pbeer, data4 action, oceanera-net, and eu-gugle. EVE offers services such as advice and support to companies and institutions on energy purchasing, and introduce new energy types covering transport and mobility requirements, metals and industrial signs databases, mining and geological mapping, and databases of geological surveys and mineral recognition. The company also explores for gas and petroleum hydrocarbons in Basque-Cantabrian Basin. EVE is headquartered in Bilbao, Spain.
About Iberdrola
Iberdrola SA (Iberdrola) is an energy utility. It constructs, operates and manages power generation plants, transmission and distribution facilities and other assets. The company produces electricity using conventional and renewable energy sources. It also trades electricity and gas in wholesale markets; and retails electricity, gas, and other related products and services. Iberdrola retails energy to residential, commercial, industrial, institutional and other customers. In its transition to a sustainable energy model, the company makes considerable investments in smart grids, renewable energy, large-scale energy storage and digital transformation, Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.
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.
