ACS Group of Spain won the right to develop this 549 MW project during the Spanish renewable energy auction in July. The Government of Aragon wants to reduce expected administrative delays by speeding up the process for the construction of this project which will be the largest PV plant in Europe on completion (Photo Credit: Gobierno de Aragon)
- Spain’s Aragon region has announced development of 549 MW PV project as being in public interest
- This distinction should ensure smooth sailing regarding administrative approvals for the project and expedite its development
- The project is estimated to cost €330 million ($393 million) and will comprise setting up of 12 sub-stations
- Location of the project is not yet fixed, but it is likely to come up in an area between the municipalities of Escatron and Chiprana
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The Government of Aragon in Spain has declared the development of a 549 MW PV project in the region as being in the interest of the public. This will expedite the necessary approvals and facilitate the smooth development of the project.
Spanish construction group ACS won 1,550 MW of solar power capacity through its subsidiary Cobra in the renewable energy auction conducted by the Spanish Energy Ministry in July 2017 (see PV Wins Close To 4 GW In Spanish Auctions). Out of this capacity, it will be developing 549 MW in Aragon. All capacity allocated in the auction must come online before 2020.
Cobra’s special purpose vehicle, Cobras Concesiones SL will set up 12 sub-stations and own them. Total investment on the project is estimated to be €330 million ($393 million). The project is likely to be located in an area between the municipalities of Escatron and Chiprana.
During the construction period, 500 jobs will be created and on completion, around 40 to 100 direct and indirect jobs will be in place.