Ibox Energy, a company dedicated to solar PV, has projects in Spain with a capacity of over 1,200 MW that will start generating power as from the first quarter of 2021. Most of this output is supported by long-term power purchase agreements. The overall investment to construct and operate every installation amounts to €1.1bn and the company will generate between 4,000 and 5,000 jobs.
It has already started constructing its first plant in the town of Posadas (Córdoba) which, with its 50 MW output, will generate 100 GWh of energy per year, sufficient to meet the electricity needs of over 28,000 homes and avoid the emission of 25,000 tonnes of CO2 into the atmosphere. The company has also started construction works on another 90 MW plant, situated Manzanares (Ciudad Real), as well as on a further two in Hornachos and Olivenza (Badajoz) totalling 40 MW. Ibox Energy continues to develop its strategic plan in Spain by multiplying efforts to overcome the severity of the current crisis: creating jobs and contributing to the economic growth of the communities in which it is present.
With over 50 projects across the Autonomous Communities of: Andalusia, Valencia, Extremadura, Castilla- La Mancha, Castilla y León, Aragón and Catalonia, Ibox Energy aims to continue to develop PV farms in Spain and other EU countries.
The company has two lines of activity: the development of PV plants from zero (acquisition/ lease of the terrain, project design and engineering, processing and obtaining administrative licences and financing); and construction (delivering the project ready to start generating power).
Ibox Energy is committed to people, cost-effectiveness and sustainability, offering high quality installations with the conviction that the energy transition needs to real, global and urgent.