Algarrobo III
The Algarrobo III greenfield solar park is located in the Andalusia region of southern Spain. The average annual solar radiation levels at this location reach a maximum of up to 1,780 kWh/m², making it ideal for solar energy production.
The PV power plant Algarrobo III was constructed by a Spanish subsidiary of Gehrlicher Solar AG in 2010. The project was acquired together with two other projects in a portfolio transaction. The project layout and system configuration together with an appropriate maintenance contract ensures the long term energy production.
Long-term project financing for the facility was drawn up with HSH Nordbank, and involved a low-interest loan from the KfW development bank.
Technical data
- Type Greenfield, fixed system
- Power 1.975 kWp
- Energy Yield 3.089.282 kWh/p.a.
- Module type Thinfilm, First Solar (FS-275)
- Inverter SMA (SMC 1000)
- Operation start 12.06.10