FRANCISCO PIZARRO PHOTOVOLTAIC PLANT

Francisco Pizarro, the largest photovoltaic project in Europe

Through its subsidiary in Spain, the Iberdrola group has submitted the Francisco Pizarro project, which, with its 590 MWp installed capacity, will provide clean energy to 375,000 people a year and will become the largest photovoltaic plant in Europe after its start-up in 2022.

Location
Torrecillas de la Tiesa y
Aldeacentenera (Cáceres)

Total installed capacity
590 MWp

Total investment
More than 300 million euros

Start date
2022

Francisco Pizarro
photovoltaic plant

The Iberdrola Group takes another step forward in its investment strategy in renewables with the start of the Francisco Pizarro project. This is a new photovoltaic plant that will have an installed power of 590 MWp and that, once it comes into operation in 2022, will generate enough clean energy to supply 375,000 people a year, an amount greater than the populations of the cities of Cáceres and Badajoz.

These figures make Francisco Pizarro the largest photovoltaic development in Europe and the largest launched by Iberdrola worldwide. It thus surpasses the company's other great emblematic project in Extremadura, the Núñez de Balboa photovoltaic plant, with an installed power of 500 MWp.

The new construction will occupy an area of 1,300 hectares between the municipalities of Torrecillas de la Tiesa and Aldeacentenera and will prevent the emission into the atmosphere of 245,000 tons of CO2 per year. The project, which has been submitted to the Ministry of Ecological Transition, will have an investment of more than 300 million euros and will employ 1,000 people during its construction.

OVER 2,000 MW UNDER CONSTRUCTION IN SPAIN

With the Francisco Pizarro project, the company raises to more than 2,000 megawatts of renewable energy currently under construction or processing in Spain, representing 70% of the capacity that the group expects to increase in the country — 3,000 MW — according to its investment plans for 2022.

Iberdrola already has 15,790 MW of renewable power installed in Spain, of which 5,770 MW correspond to wind energy, making it the leading wind power producer in the country. The group plans to launch a total of 10,000 new megawatts by 2030 as part of its clean energy re-launching strategy, which includes an investment of 8 billion euros between 2012 and 2022. This plan will create jobs for 20,000 people, almost 10 times more than those currently dedicated to traditional generation in the company.