Spanish Town Develops 250MW Solar Project with No Incentives

11.12.2014: The Spanish municipality of Elche, in the southern region of Valencia, will host a 250 MW PV power plant to be developed by an unnamed company, according to local newspaper ABC. The Luis Mora solar project will require an investment of €250 million ($309.8 million), and it will rely on approximately 250,000 modules provided by an undisclosed manufacturer. The project will be built in five 50MW phase from 2015 to 2020. The project will not be eligible to receive a FIT – it will instead be developed under Spain's ordinary regime, which is usually reserved for conventional energy projects. © PHOTON

http://www.abc.es

http://www.abc.es/local-alicante/20141209/abci-elche-placas-solares-20
1412091812.html

 

Monty Bannerman

ArcStar Energy

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www.arcstarenergy.com