Abdul Latif Jameel Energy secures financing for La Solanilla Solar Farm in Trujillo, Spain
Construction of the 50 MW dc La Solanilla Solar Farm in Trujillo, Spain, has already started after Fotowatio Renewable Ventures (FRV) closed its financial agreement with Banco Sabadell in November 2018. The region of Extremadura features plentiful natural resources and is one where the FRV team has extensive prior experience.
The construction phase of the project is set to create 300 jobs, while the finished facility is expected to be operational by the end of 2019, delivering 103 GWh of clean energy per year – enough to supply 25,000 homes.
Daniel Sagi-Vela, CEO of FRV, said: “The financial agreement to develop La Solanilla Solar Farm highlights FRV’s commitment to carry out renewable energy projects that create green-tech jobs and boost local economies. With this latest agreement, we will help to promote the use of renewable energy resources in Spain. This aligns to our ongoing commitment to be a global reference for, and leader in, sustainable and environmentally-conscious energies.”
|Andrea Fontana, Managing Director of FRV Europe, said: “We are truly honored to be working in Extremadura again and particularly in Trujillo, where the foundation group of FRV initiated its path in renewables 12 years ago.
This project is the result of the clear focus of Extremadura’s government in the renewable energy sector, a mindset that is also shared by Trujillo city council.”
This is FRV’s tenth project in the country, including Extremadura Solar Farm (57.5 MW ac) in Extremadura, Serrezuela Solar Farm (32.50 MW ac) in Andalucía, and Olmedilla Solar Farm (11.52 MW ac) in Olmedilla de Alarcón.