Swiss renewable energy developer Axpo has entered the Spanish PV market.
The company entered in Spain with a 200MW solar plant. The 3,650,000 solar PV modules will be deployed at the site spread over 307 hectares.
The project will be located in the province of Castilla y León.
It has been informed that the project’s construction work will kick off in September this year, while the operation is likely to begin by the end of 2024.
Antoine Millioud, head of the solar division at Axpo, was quoted in a statement, “The start of construction of one of our largest solar plants in the Spanish market is a major milestone for Axpo’s solar development business in Spain. Thanks to our existing know-how in the market and our solar know-how along the entire value chain, we are optimally positioned.”
According to the company, it plans to add 10GW of capacity to its portfolio by 2030. This will also include some projects in Spain as some large PV announcements have been made.
This comes at a time when many companies have been investing rapidly in Spanish renewables in recent times.