Los Madrigales Solar PV Park is a 107MW solar PV power project. It is planned in Community of Madrid, Spain. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 107 – 107 Permitting Community of Madrid, Spain Capital Energy SLU

Description

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The project is being developed and currently owned by Capital Energy SLU.

Los Madrigales Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $77.04m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About Capital Energy SLU

Capital Energy SLU (Capital Energy) develops, generates and supplies renewable energy. The company focuses on production and distribution of electricity through wind and solar energy plants. It develops energy storage technologies to preserve electrochemical, chemical, mechanical, electric and thermal energy; green hydrogen solution for decarbonizing the energy system; and corporate venturing solutions. Capital Energy constructs and operates wind and solar energy projects across Spain and Portugal. The company collaborates with research and technology centers, universities, and businesses to promote and support research and development projects for energy storage technology and new applications, and the hydrogen value chain. Capital Energy is headquartered in Madrid, 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.