1. BayWa r.e. is constructing its first combined wind and solar project in Spain, consisting of three wind farms with 135 MW capacity and two solar farms with 53 MW capacity.
2. The project will generate around 475 GWh of green electricity annually, with an investment of over €280 million and renewable electricity sold through a power purchase agreement.
3. The installations will be located in northern Spain, utilise less space for maximised land use, share grid infrastructure, and are scheduled to be operational by end of 2025, with a focus on community engagement and biodiversity enhancement.
BayWa r.e. is set to realize its first combined dual-technology project in Spain, consisting of three wind farms with a capacity of 135 MW and two solar farms totaling 53 MW. The project, developed in partnership with local company CEAR, is located near Zaragoza and marks a significant venture for BayWa r.e. in Europe. The wind farms will feature Nordex turbines, while the solar plants will generate around 475 GWh of green electricity annually, equivalent to powering over 121,000 households in Spain.
With an investment of over €280 million, the renewable energy from these plants will be sold through a power purchase agreement. By sharing the grid infrastructure, the project significantly reduces grid costs and optimizes land use. Construction will begin with the wind farm cluster and all installations are expected to be operational by the end of 2025. The project aims to promote biodiversity, sustainability, and job creation in the local community.
BayWa r.e. sees this project as a milestone in its Spanish development, showcasing the innovative combination of wind and solar energy generation. The company is committed to collaborating closely with local stakeholders and implementing environmental measures to enhance biodiversity and landscape. The project has received environmental permits and will include initiatives for community engagement as development progresses. This flagship project aligns with BayWa r.e.’s strategy to expand its IPP business and contribute to the global renewable energy sector.