Eranovum, Israeli partners bring online 83-MW solar park in Spain

Spanish energy transition promoter Eranovum and its Israeli partners Noy Fund and Nofar Energy Ltd (TLV:NOFR) have kicked off commercial operations at a 83-MW solar park in Spain’s Cuenca province.

The plant’s commissioning has lifted the capacity of the trio’s portfolio of grid-connected plants in Spain to 407 MW, Nofar said in a LinkedIn post.

The Sabinar 2 photovoltaic (PV) park is the second phase of a larger project that will consist of three individual plants. The first phase of the complex, with a capacity of 155 MW, has been generating electricity since 2022 and the third 40-MW plant is currently under construction.

The Spanish-Israeli partnership secured EUR 132 million (USD 146.9m) in bank financing to bankroll the Sabinar project last October. Sabinar I has a power purchase agreement (PPA) in place with Telecor SA, part of Spanish department store chain owner El Corte Ingles Group.

(EUR 1.0 = USD 1.113)

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