Rivera Solar PV Park is a 419.95MW solar PV power project. It is planned in Andalusia, 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 | 419.95 | – | 419.95 | Permitting | Andalusia, Spain | Iberdrola Renovables Energia |
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Description
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The project is being developed and currently owned by Iberdrola Renovables Energia.
Rivera Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $302.364m.
The solar power project consists of 1,036,924 modules, each with 405W nameplate capacity.
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By GlobalData208 inverters are likely to get installed at the project site.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Iberdrola Renovables Energia
Iberdrola Renovables Energia SA (Iberdrola Renovables), a subsidiary of Iberdrola SA, is an electric power generation company. It generates power by utilizing various renewable energy sources include solar power, photovoltaic energy, wind energy, hydro-electric energy. The company offers a wide range of services include engineering, development, construction, operation, maintenance, and sale of clean energy-based power plants, and also offers environmental studies, technical and financial consultancy services. Iberdrola Renovables also provides biomass production, production, processing, and commercialization of biofuels and their by-products. The company operates in Spain, Romania, Hungary, Estonia, the US, the UK, Greece, France, and Poland and has investments in Germany, Portugal, and Brazil. Iberdrola Renovables is headquartered in Valencia, 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.
