The plant is currently under construction, being developed by Gehrlicher Solar España with an expected completion in December. The plant occupies 37.6 hectares of land and will produce an estimated 15,000 megawatt hours (MWh) of solar power. Around 3,400 Spanish homes can be powered annually with the energy produced according to First Solar.The plant is located about 250 kilometers northwest of Madrid in one of the sunniest areas in Europe, with around 1,700 kWh/m2 of sunlight a year.
First Solar was involved in organizing the third-party financing as well as the supply of approximately 122,000 FS Series 3 thin-film solar modules. The long-term financing for the Zamora project was structured by HSH Nordbank AG.
"We are very glad about the successful acquisition of this exceptional solar farm in Spain and the opportunity to collaborate with highly professional partners like First Solar and Gehrlicher," said Klaus Wolf, managing director of KGAL. "The total capacity of solar farms owned and operated by KGAL's investment funds now exceeds 200 MW."
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.