Plenitude, an energy firm owned by the Italian company Eni, has increased its installed capacity from renewable sources in Spain by 400 MW, bringing the total to nearly 950 MW from photovoltaic and wind power projects. This marks more than a doubling of capacity compared to 2023.
Recently, Plenitude completed the installation of 150 MW from the Caparacena project in Granada, which includes three photovoltaic plants, each with nearly 50 MW of capacity. The electricity generated is connected to the national transmission grid through a newly completed 400 kV substation and an additional 200 kV substation and line shared with other operators.
Furthermore, Plenitude has finished constructing other plants totalling nearly 250 MW in the solar parks of Renopool in Extremadura and Guillena in Andalusia. Thanks to these projects, the company has achieved its goal of 4 GW of installed capacity globally by 2024.
“During 2024, Plenitude registered significant organic growth in Spain with the completion of several renewable projects, thanks to the good relationships we have developed locally. Spain is a strategic country for our company, and we want to have a positive impact in the areas where we operate, not only economically, but also on the communities that host us,” said Mariangiola Mollicone, Head of Western Europe Renewables and Managing Director of Plenitude in Spain.
In addition, Plenitude in Spain has a pipeline of nearly 820MW of plants already under construction. This portfolio of projects is expected to be completed between 2025 and 2026, in line with the company’s long-term strategy in the renewable business and the country.
Plenitude is present in more than 15 countries worldwide with a business model that integrates the production of electricity from 4 GW of renewable capacity, the sale of energy and energy solutions to 10 million European customers, and an extensive network of nearly 22,000 charging points for electric vehicles. By 2027, the company has the objective to reach 8 GW of installed renewable capacity globally.