Iberdrola Plans Three Photovoltaic Farms in Valencia Region
Iberdrola is making progress with the formalities for its first photovoltaic projects in the Valencia region, which will have an installed capacity of 450
Iberdrola is making progress with the formalities for its first photovoltaic projects in the Valencia region, which will have an installed capacity of 450 megawatts and represent an investment of more than 235 million euros. The company has plans to build two solar plants (PSF Ayora 1 and FV Cofrentes I) in Valle de Ayora-Cofrentes, each with an installed capacity of 200 MW, along with their energy evacuation infrastructures, such as a substation and the power lines necessary to transport the energy; and a third 50 MW facility (FV Alhorines), which is to be located in the La Encina district in Villena (Alicante).
The plants planned in the region will comprise a total of almost one million photovoltaic modules and provide employment for almost 1,450 professionals during peak periods, helping to reactivate the local economy and guide companies and employment towards sectors with a future. The projects have involved reaching agreements with numerous landowners in the different areas.
Once operational, these facilities will generate enough clean energy to supply the equivalent of 220,000 homes and avoid emissions of 140,000 tons of CO2/year into the atmosphere.
Iberdrola manages over 2,000 MW of renewable installed power in the Valencia region by producing hydroelectricity at the Cortes-La Muela complex, the largest pumping plant in Europe.