Construction commences on AS Madrid-Barajas Photovoltaic
Construction work on AS Madrid-Barajas Photovoltaic Solar Plant 142.42 MW located in Madrid, Spain commenced in Q3 2024, after the project was announced in Q1 2020.
The three projects have grid access, connection rights granted, an environmental licence (DIA) and an interim administrative permit (AAP). The Madrid region has the highest energy consumption in Spain. So, the demand for solar power is therefore huge.
Since he took power in 2018, energy developers have built solar parks, proved that power generation had attractive returns and pulled in capital from yield-hungry investors. In 2023 and 2024, Spain added more solar power capacity than any other European country except Germany, whose economy is more than twice its size.
In the Canary Islands, solar photovoltaic generation achieved an all-time high of 344 GWh of annual production in 2023, which meant that this technology accounted for 3.9 % of the total. Pumped storage: Pure pumped storage + estimate of mixed pumped storage.
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