Monzon Biomass Power Plant is a 49.5MW biopower project. It is planned in Aragon, 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 | Biopower | 49.5 | – | 49.5 | Permitting | Aragon, Spain | Forestalia Renovables |
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Description
The project is being developed and currently owned by Forestalia Renovables.
The project cost is expected to be around $162.682m.
Wood chips which is a kind of wood by-product will be used as a feedstock to power the project.
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 Forestalia Renovables
Forestalia Renovables SL (Forestalia Renovables) is a renewable energy company that operates biomass and renewable energy projects. The company generates energy from renewable energy projects such as biomass, wind and photovoltaic, pellets and chips, and energy crops. It generates electricity using biomass and fuel thermal energy using chip and pellets. Forestalia Renovables also generates electricity through its wind farms. The company produces energy crops with plantations in Spain, France and Italy. It operates its biomass electricity projects in Cubillos del Sil, Monzon, Lebrija, Zaragozanas, Zeura and Erla, Spain. Forestalia Renovables 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.
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