On May 6th Solaria announced the purchase of 435MW of PV modules for €9.11 per watt from a Tier 1 manufacturer.
The modules’ price level is a 2.15% improvement over the last purchase in December 2023 and is a 71% reduction from 2022 prices. For Solaria, this highlights the improving competitiveness of PV technology.
The purchased modules will be installed in Solaria’s 700 MW Garoña project (Burgos) during 2024. During the Garoña photovoltaic project, the company will replace the obsolete 460MW Santa María de Garoña nuclear power plant with a green energy facility.
This new facility will not generate polluting emissions and will be cheaper and publicly available.
The four plants that make up the project are expected to generate a total income of €650m during the 30 years of a plant’s useful life. Additionally, 2,400 jobs are expected to be created during the park’s construction – prioritising local employment.
This photovoltaic solar park’s electric output is anticipated to be equivalent to the province of Burgos’ annual consumption. To that end, it will be capable of supplying 300,000 homes. Emissions exceeding 335,000 tons of CO2 per year will be prevented from entering the atmosphere.
Don’t miss Solar & Storage Live in Barcelona, Spain, held at the Fira De Montjuic from 13-14 November 2024. Attendees can register for a free ticket here.
[Image credit: Solaria Energia]
