Palabra Solar PV Park is a 49.88MW solar PV power project. It is planned in Aragon, Spain. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 49.88 – 49.88 Permitting Aragon, Spain Cobra Concesiones; Ignis Energia

Description

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The project is being developed by Cobra Concesiones and Ignis Energia. Galp Energia Espana and Actividades de Construccion y Servicios are currently owning the project having ownership stake of 75.01% and 24.99% respectively.

Palabra Solar PV Park is a ground-mounted solar project which is planned over 311.58 hectares.

The project cost is expected to be around $63.568m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2023.

Contractors Involved

Cobra Concesiones is expected to render EPC services for the solar PV power project.

Canadian Solar will be the supplier of the PV modules for the solar power project. The company is expected to provide 151,146 modules each with 330W of nameplate capacity.

Power Electronics Espana is likely to be the supplier of 7 inverters to the project site.

Power Electronics Espana is likely to be the supplier of 8 inverters to the project site.

About Ignis Energia

Ignis Energia SL (Ignis Energia) is an integrated energy company. It operates across the value chain encompassing development, generation, operation and maintenance and energy services. The company manages the development, and engineering, procurement and construction (EPC) of renewable energy plants from end-to-end. It also manages generation assets such as cogeneration, combined cycle gas turbine (CCGT) and utility-scale renewable energy plants. Ignis Energia also operates in power market acting as sales agent for independent power producers, and in the gas market. The company also supplies power and gas and offers end-to-end energy solutions to final customers. It advices and co-invest in energy assets with financial and industrial partners. Ignis Energia 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.