Acciona Energy, which operates in the fields of infrastructure, renewable energy, water, urban and environmental services, has announced that it will build two solar thermal power plants in Cordoba, Spain totaling 100MW with an investment of almost E500 million.
The plants will produce 244 million kilowatt-hours per annum, equivalent to the electricity consumption of 75,000 homes.
The company currently has over 2,000MW under development in the US and another 200MW in Spain, in four plants.
Building work on the Palma del Rio II plant, located further south, will start in the second semester of 2008; it is expected to be completed in the first semester of 2010. Work on Palma del Rio I plant is expected to start in the first semester of 2009 and will be grid connected in the second semester of 2010.