Spain’s Acciona will build and operate the largest photovoltaic solar plant in the world, a 62 MW plant in southern Portugal. The plant will have six times the capacity as the next largest plant.
With a Euro 200 million investment, construction of the plant will occur in two stages. The first 40-45 MW will be built by 2008 and the remaining by 2010. The plant will produce 91 million kWh per year, making Acciona the world’s leading owner of photovoltaic assets.
Acciona will construct a photovoltaic panel manufacturing plant there with 24MW of production capacity. The company will contribute Euro 3,500,000 to a municipal fund to develop the infrastructure required.
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