Extensive solar system from a bird's eye view

LaCabrita photovoltaic park

Spain

Project overview

Location

South Spain

Number of modules

122.000

Status

In operation since October 2021

Performance

50MW

At a glance

La Cabrita is located on the south coast of Spain near Almería. The photovoltaic park was connected to the grid in the 4th quarter of 2021 and supplies 20,000 households with sustainable energy. The location of the project, the Tabernas desert, has excellent irradiation conditions.

Why is the asset attractive?

Highlights

  • A 7-year power purchase agreement with a fixed price for 70% of electricity production provides planning security.
  • Significantly lower costs for photovoltaic systems and good irradiation conditions generate attractive returns.
  • Spain offers an established regulatory framework for investments in renewable energies.