Picon IV Solar PV Park is a 25MW solar PV power project. It is planned in Castile-La Mancha, Spain. The project is currently in permitting 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 25 25 Permitting Castile-La Mancha, Spain Naturgy Renovables

Description

The project is being developed and currently owned by Naturgy Renovables.

Picon IV Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $18m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Naturgy Renovables

Naturgy Renovables SL (Naturgy Renovables) generates, transmits, and distributes electricity through solar energy. Naturgy Renovables headquartered in 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.