Francisco Pizarro photovoltaic plant

Francisco Pizarro, the largest photovoltaic plant in Europe

Photovoltaic energy Operating plants

Through its subsidiary in Spain, Iberdrola group has begun commissioning the Francisco Pizarro project, which, with its 553 MW installed capacity, will provide clean energy to 334,400 homes a year and will become the largest photovoltaic plant in Europe.

Francisco Pizarro
Operating plant

Francisco Pizarro Photovoltanic Plant

Location Cáceres (Spain)
Capacidad instalada
Total installed capacity 553 MW
Investment More than 300 million euros
Puesta en marcha
Comissioning 2022

The Iberdrola group is taking a firm step towards renewable energy with the commissioning of the Francisco Pizarro photovoltaic plant. The plant, with an installed capacity of 553 MW, supplies clean energy to 334,400 homes, more than the populations of the cities of Cáceres and Badajoz, thus avoiding the emission into the atmosphere of 150,000 tonnes of CO2 per year and reducing the carbon footprint.

These figures make Francisco Pizarro the largest photovoltaic development in Europe —with which it contributes to the independence and self-sufficiency of the continent— 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 construction has involved an investment of more than €300 million and occupies an area of 1,300 hectares between the Cáceres municipalities of Torrecillas de la Tiesa and Aldeacentenera. The figures demonstrate the importance of the project, which totals 1,494,240 photovoltaic modules, 13,724 trackers - a mobile structure that joins the solar panel to the ground and maximises electricity production - and has reached 313 inverters. 

The construction of the Francisco Pizarro plant has become a driving force for the industrial fabric and local employment, with more than 1,500 people working at peak periods, 60% of whom have been workers from the province.

Iberdrola, committed to good environmental practices and sustainable development in this type of construction, has worked with the Spanish Ornithological Society (SEO) in the campaign to monitor steppe birds in Extremadura. Together they have identified and protected a breeding area.

In addition, during the execution of the project, archaeological remains have been found, the discovery of which was reported to the local authorities and appropriate measures were immediately taken to control, excavate and safeguard the remains.

Power purchase agreement with Danone

Iberdrola has extensive experience in providing competitive energy committed by PPA (Power Purchase Agreement) or long-term power purchase agreement with various consumers. In this regard, Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Francisco Pizarro. The initiative consolidates Danone's renewable strategy and means that 100 % of the renewable electricity used in its plants and factories in Spain will come from this solar project.

The agreement reached will guarantee the long-term green supply of electricity to all Danone's Spanish production plants and its natural water sources, located in Asturias, Barcelona, Gerona, Guadalajara, Granada, Madrid and Valencia; as well as its logistics centres and offices. Danone España's suppliers, Graham Packaging and Salvesen Logística, have also joined the alliance.

Iberdrola also has an agreement with Bayer, whereby the utility supplies renewable electricity from the Francisco Pizarro photovoltaic plant to cover the entire demand of Bayer's nine centres in Spain (three factories, five research and development centres and the company's Iberia headquarters).

In addition, with the PPA signed between Iberdrola and PepsiCo, the energy company will supply green electricity from this plant to all the beverage and food multinational's centres in Spain and Portugal. Iberdrola will supply green energy to 11 PepsiCo facilities from its entry into force on 1 January 2023. These include the production plants in Spain and one in Carregado (Portugal), the two large logistics centres in Burgos and Valencia, the sales offices in Vitoria, Pamplona, Palma de Mallorca and the company's offices in Vitoria and Barcelona.

Iberdrola, world leader in renewable energies

At Iberdrola, we dare committed to renewable energy more than two decades ago as a fundamental pillar on which to build our safe, clean and competitive business model. Thanks to this vision, we are today world leaders in renewables, reaching 42,387 MW of clean energy in operation  at the end of Q1 2024.

This commitment is reflected in our Strategic Plan, in which we will allocate €15.5bn gross to renewables. More than half of this amount is focused on offshore wind in the US, UK, France and Germany; 28% on onshore wind and 18% on solar.