Endesa acquires 519 MW PV in Huelva from Arena Power for 350 M€
Arena Group and its magnificent expansion with the photovoltaic development project for Endesa in Huelva.
Arena Power will develop for Enel Green Power España, a subsidiary of Endesa, 11 photovoltaic plants in different locations in the province of Huelva that will be connected to a single transmission line that will converge at the Palos substation, in the Huelva Industrial Pole, which is one of the largest energy-consuming business agglomerations in Spain.
Endesa, through its renewable development subsidiary Enel Green Power España (EGPE), has acquired a 519 megawatt (MW) photovoltaic portfolio from Spanish developer Arena Power. The portfolio consists of eleven projects under development in Huelva. Construction is expected to begin in 2022 and operations in 2024.
The projects purchased by Endesa represent an investment of around 350 million including the acquisition price and the cost of construction and commissioning. They will generate 1,250 jobs during construction and 26 during the subsequent operation and maintenance phase.
These facilities are in addition to the recent start of work by EGPE on its first solar park in the city of Huelva, San Antonio, with a capacity of 30 MW, an investment of 18 million and 100 jobs during the construction period.
The eleven projects that make up this cluster are located in six towns in the province of Huelva: La Palma del Condado, Villarrasa, Gibraleón, Trigueros, San Juan del Puerto and Beas. All of them will evacuate the energy generated, which is equivalent to the electricity supply of some 305,000 homes, through a single transmission line that will be connected to the Palos substation. This substation is located in the industrial center of Huelva, one of the largest energy-consuming business agglomerations in Spain.
This substation serves the energy needs of the chemical, oil and metallurgical complex in Huelva, which is home to 18 companies and 19 large facilities. The combination of the highest solar irradiation rates in continental Europe and high local consumption make this industrial cluster one of the most attractive portfolios in Spain. Endesa, through EGPE, will thus help to decarbonize part of the energy consumption of this cluster, since the eleven solar parks will prevent the emission of some 515,134.66 tons of CO2 into the atmosphere.
What will we achieve with this project?
– 515,135 tons of CO 2 will be emitted less into the atmosphere.
– The energy needed to supply 305,000 homes will be produced. The construction will generate 1250 jobs and the commissioning of the system will generate 26 stable jobs.
– In short, 519 MW of clean energy to “decarbonize” the Industrial Pole of Huelva.