- It will be one of the largest plants of its kind in Spain.
- The project is part of the Solar Plan being developed by Canal de Isabel II.
Ferrovial, through its Construction division, has been awarded a 1.7-megawatt peak floating solar plant located in Torrelaguna, Madrid (Spain) for 2.1 million euro. The contract includes the engineering, construction, and commissioning of the plant, which will be operated by Canal de Isabel II.
The work is the first of Canal de Isabel II’s awards within the framework of the Solar Plan, an initiative it has launched to promote the generation and self-consumption of renewable energies, and which contemplates an investment of 45 million euros as a whole.
The infrastructure will be installed during the first months of 2023 on the lower reservoir of the Santa Lucía Hydroelectric Power Plant in Torrelaguna (Madrid). It will generate more than 2,000 MWh of clean energy to offset the energy consumption of Canal de Isabel II’s activity with renewable sources. In addition, this facility will reduce the evaporation of water from the reservoir, achieving greater efficiency in its processes.
In line with its Horizon 24 Plan and its commitment to sustainability, betting on complementary businesses that contribute to the decarbonization of the economy, Ferrovial has launched within its Construction division the Energy Solutions area. It is aimed at turnkey projects for developing solar and wind power plants, as well as strengthening traditional activities within Ferrovial, mainly in energy transmission and distribution projects, as well as energy services.
The new contract reinforces other renewable energy infrastructure initiatives that the company is carrying out, such as the turnkey construction of the 50 MWp El Berrocal photovoltaic solar plant in Seville (Spain), the construction of two 100 MWp photovoltaic solar energy projects in Andalusia (Spain) with an investment of 75 million euros, and the construction of the Cabo Leones wind farm (Chile). It has recently been awarded the construction of a 200 MWp solar photovoltaic plant in Badajoz (Spain), in addition to other initiatives such as the construction of a floating offshore wind platform off the coast of Vizcaya, in the Basque Country (Spain).