The construction of the Guillena-Salteras plant in Seville will begin shortly, with completion scheduled for the second quarter of 2020. Luxcara has expanded its presence in Spanish solar with its latest acquisition. Image: NASA Goddard Space Flight Center/Flickr From pv magazine Spain. German renewables investment company Luxcara has acquired the Guillena-Salteras solar project in southern Spain. The plant has a capacity of around 121 MW and when the project was announced, local media reported it entailed an investment of €80 million. Luxcara has not made public the purchase price of the plant but said construction “will begin shortly, with the grid-connection … scheduled for the second quarter of 2020.” The Guillena-Salteras facility will sell electricity to an unspecified power provider under a PPA. The solar park is north of Seville, in the high irradiation region of Andalusia, and will be connected to the Salteras substation of grid operator Red Eléctrica de España. The project will be completed by special purpose vehicle Guillena-Salteras, acquired by Luxcara for institutional investors. Developer Solarig Global Services will be responsible for construction. “This is our second investment in southern Spain within a year,” said Philip Sander, managing partner of Luxcara. “Andalusia continues to convince us with high irradiation values ​​and very low energy generation costs.” In December 2017, Luxcara acquired the El Salobral project, in the town of Espejo, Córdoba from Hive Energy. The plant will have a capacity of 45 MW. Pilar worked as managing editor for an international solar magazine, in addition to editing books, primarily in the fields of literature and art. She joined pv magazine in May 2017, where she manages the Spanish newsletter and website and helps write and edit articles for the daily news section in Latin America. More articles from Pilar Sánchez Molina
Luxcara has bought a 121 MW solar installation in Spain. The German company's acquisition of the Guillena-Salteras project in the south of the country was for an undisclosed fee. Luxcara plans to establish grid connection at the site by Q2 2020 with construction due to begin in the near future. The facility was initially the result of a reported €80m ($92m) investment and will sell electricity through a power purchase agreement to an unnamed power firm. The deal followed Luxcara's acquisition of the 45 MW El Salobral project in Cordoba in December 2017.