Statkraft AS is all set to build a 492 MW solar photovoltaic complex in western Spain.
The Norwegian state-owned power company will develop the project in the region of Extremadura, as per the company announcement.
It comes at a time when Statkraft inaugurated its 55.2 MWp Talayuela II solar farm in the region.
The company further plans to invest around EUR 295 million (USD 320.1m) in the gigantic complex. The Zajuril complex will have four solar farms that include Pinea of 150 MW, Calzadilla of 114 MW, Ahigal Cerezo of 137 MW and Guijo of 91 MW of installed capacity.
According to Statkraft’s Spanish unit, the four sub-projects are in the initial stages of permitting at present. These solar farms are likely to enter into operations in 2028.
So far, the company has chosen Extremadura as one of the viable destinations for projects in the country. It also plans to add a battery energy storage system to one of the projects.