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Renewable energy has signed $ 310 million in financing agreements for the hybridization of the nighting project in Spain.
The project will connect a solar series and utility-based energy storage system with Spain, which has 329 MW capacity.
The integrated enterprise with the total capacity of 554 mw and 220 megawatts aims to deliver clean electricity with high-income generation cost of high-income generation.
The Hybrid Project will be the largest renewable energy complex in Spain and will make a significant contribution to the country’s warehouse infrastructure, with a national plan to fight climate change and increase power supply stability.
Development is in time, taking into account the widespread strengths of Spain in April 2025.
The battery system will provide necessary network services and necessary network services such as frequency response to stabilize the power system.
The General Director General Gilad Yavetz was informed: “Sime in the night, based on financial proxies, based on the first renewable energy complex of Spain and demonstrating the country’s largest renewable energy complex and manifest the country’s leadership and technological leadership.
“Project” Connect & expand our strategy – increases the potential of existing interaction infrastructure – reduce investment costs, minimize the risks, reducing the levels of electricity and optimize financial levels. “
The sun and storage components are expected to reach a commercial operation in the second half of 2026.
Their supplement may increase the annual income of the nighting project between $ 38 and $ 40 million and increase the amount of $ 33 million in the first full work year, up to $ 33 million in the first full work year. With all three components, the integrated project can get annual income from 95 to $ 105 million and 75 to $ 75 million and $ 105 million and $ 105 million.
Financing In two tranches: The second and appropriate interest rate for the construction of the first and the hybrid project to refinance the wind project is fully depreciated in 5.1% and 2045 and 2045.
Upon repaying the existing debt, financing resources and operating expenses will be allocated for the construction of a hybrid project between $ 150 million, the construction of a hybrid project and the balance of 195 to 205 million dollars.