OPDEnergy’s three photovoltaic solar projects will be built in in Spain, Chile and Mexico next year. Credit: Andreas Gücklhorn on Unsplash.

Spain-based energy assets developer OPDEnergy is planning to build photovoltaic (PV) solar projects in Spain, Chile and Mexico next year with a combined capacity of 500MW.

The company will invest nearly €500m on these projects.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

For these projects, the company has drawn funds under Project Finance Scheme with various financial institutions.

In Spain, OPDEnergy will construct seven PV plants with a combined capacity of 300MW. These plants will be open at Extremadura, Andalucia and Aragon, and are expected to commence operation by end of next year.

OPDEnergy intends to develop a 50MW capacity at La Fernandina solar plant in Extremadura. At Andalucia, the firm will build two 50MW capacity plants – each at Puerto Real of Cadiz and Alcala de Guadaira of Seville.

The company will also develop 148MW capacity, which will be distributed among the new solar facilities to come up in Los Belos of Zaragoza and Montesol of Teruel and their extensions.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In Chile, the company intends to build a 50MW capacity solar facility. Construction of this plant will be carried out within the framework of 176GWh per year block of energy award secured by the company during the public energy tender in 2016.

“The lever of diversification in the energy mix, opting not only for photovoltaic solar energy but also for wind and hydro.”

In Mexico, OPDEnergy will commence construction of 107MW ‘Andalucía’ solar plant in Coahuila de Zaragoza state and a 37MW solar plant in Aguascalientes state.

OPDEnergy CEO Luis Cid said: “The lever of diversification in the energy mix, opting not only for photovoltaic solar energy but also for wind and hydro.

“And the lever of globalisation, which we started off in Italy where we built 49MW, England with 74MW completed and now with Mexico and Chile in 2019 that will allow us to grow organically and sustainably in order to carry on expanding our current portfolio in development of more than 5,000MW (5GW).”

In addition to these solar projects, OPDEnergy is developing various projects in other markets such as the US and Italy.