Algarrobo I

The Algarrobo I greenfield solar park is located in the Andalusia region of southern Spain, and was purchased along with two other photovoltaic plants as part of a portfolio transaction in February 2010.

The facility uses 29,106 thin film modules manufactured by First Solar. The thin film modules offer better energy production compared to crystalline silicon solar modules in diffuse light conditions. Thin film modules also display a superior temperature coefficient.

Long-term project financing for the facility was drawn up with HSH Nordbank. A robust funding model was prepared, taking into account the earnings potential of the plant.

Technical data

  • Type Greenfield, fixed system
  • Power 2.183 kWp
  • Energy Yield 3.414.470 kWh/p.a.
  • Module type Thinfilm, First Solar (FS-275)
  • Inverter SMA (SMA SC-100)
  • Operation date 12.06.10