Plenitude doubles installed capacity in Spain during 2024

It has around 950 MW and plans to add another 820 MW currently under construction between 2025 and 2026.

The renewable energy company Plenitude added a total of 400 MWp to its installed capacity in Spain during 2024, almost doubling its portfolio in the country. The company, owned by the Italian energy company Eni, already has around 950 MWp of installed capacity in Spain, in fact, including solar energy and wind projects.

This growth occurred organically, with the start-up of new projects built by the company itself. The latest installation to be commissioned was the 150 MWp from the Caparacena project in Granada. This consists of three solar energy plants with a capacity of almost 50 MWP each.

New parks built
To connect the Caparacena project to the national grid, Plenitude has built a 400 kV substation and will also share a 200 kV substation and line with other operators. The other 250 MWp whose construction the company completed in 2024 correspond to the Renopool solar parks in Extremadura and Guillena in Andalusia.

Between this year and next, another 820 MWp which Plenitude currently has under construction will be added to this portfolio. By 2027, the company aims to reach a total of 8 GW of installed renewable capacity worldwide, of which around 2 GW will be in Spain, and which represents  25% of its total portfolio.

Mariangiola Mollicone, Head of Western Europe Renewables and Managing Director of Plenitude Renewables in Spain, said, “During 2024, Plenitude has recorded significant organic growth in Spain with the completion of several renewable projects, which has also been realised thanks to the good relationship we have forged locally. Spain is a key market for our company, and we want to have a positive impact on the areas in which we operate, not only economically, but also in the communities that host us.”

Photo: Plenitude