Iberdrola puts its largest solar project in the United States
Iberdrolathrough its advanced subsidiary, its largest solar project in the United States To date, the True North Park, with an installed capacity of 321 megawatts (MWDC) -238 MWAC-, located Falls County (Texas) and whose investment has risen to 369 million dollars (about 341 million euros).
Specifically, the project supplies electricity to the Texas electricity and will support the operations of the ‘giant’ tecolo, Including his next data center in neighboring Temple, his second ‘Data Center’ in Texas, the electricity subsidiary reported.
According to a recent report from the United States Department of Energy, data centers could Represent 12% of the country’s energy consumption by 2028approximately the triple of last year.
Thus, projects like this are crucial to support demand growth And, at the same time, to ensure that local communities have resilient energy for homes and businesses.
The United States is a key market for Iberdrola and in fact a few weeks ago, within the framework of the Ceraweek Congress organized by S&P Global, one of the largest events in the energy sector in the world held in Houston (Texas), the president of the electricity, Ignacio Sánchez Galánshowed the new energy and interior leaders of the Donald Trump’s government the group’s commitment to the country, with some Investment plans for more than 20,000 million dollars (about 18,303 million euros) to 2030 in network infrastructure.
In this regard, Galán said that the United States is one of the “main investment destinations” of the group, which, at 50 billion dollars (about 45,756 million euros) invested in the last 20 years will add those more than 20,000 million dollars from here at the end of the decade for “modernize, expand and digitize infrastructure of networks, making possible the increase in demand expected in the country. “
Seven projects in Texas
With this new operating park, the company now has seven projects in Texas with a installed capacity that add up to almost 1.6 gigawatts (GW) and that represent more than 2,000 million dollars (about 1,848 million euros) in direct investment in the state.
With more than 488,000 solar panels, the True North Solar Park will generate enough energy for supply almost 60,000 American homes.
The CEO of Advancegrid, Pedro Azagra, considered that True North is “a historical project” for the company. “With the boom planned in the construction of data centers in the coming yearswhich will significantly increase energy demand, projects such as True North are and will be vital to guarantee the resilience and reliability of Texas electricity, “he said.
True North has generated around 300 jobs During the construction process, most of which were occupied by local residents. It is expected that it will contribute more than 40 million dollars (about 37 million euros) in property taxes throughout its useful life, directly benefiting the public services of the Falls County and the surrounding communities. Also rback several permanent jobs full time for current operations in the facilities.
Local industry growth
The construction of True North has also contributed to the growth of the US manufacturing industry, since Avagrid associated with array technologies, A long -term provider based in New Mexico, to acquire solar followers for the project.
Besides, The Iberdrola subsidiary collaborated with Black & Veatch, A leading engineering, acquisitions and construction firm (EPC), to design and build the True North Solar project.
Iberdrola, through its subsidiaryoperates in 24 states of the United States with approximately 47,000 million dollars (about 43,430 million euros) in assets, and focused on renewable networks and energy business. 80% of the energy business in the country are electrical networks.
In the green energy business, it has and operates more than 75 energy generation facilities in the United States that produce more than nine GW of Energy for more than 2.2 million customers.
