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Masdar completes acquisition of Valencia’s largest solar project

Valle Solar, when operational in H1 2027, will produce 234MW of solar energy, with a potential BESS hybridisation of 259MW

Masdar Valle Solar project
The project is expected to be operational by the first half of 2027. Image: Shutterstock

Abu Dhabi Future Energy Company (Masdar), through its subsidiary Saeta, has bought Valle Solar, one of the largest photovoltaic solar projects in Spain’s Valencia region.

Masdar has closed an investment agreement for the construction and commissioning of one of the largest solar PV installations in Valencia of 234MW, with a potential BESS (battery energy storage system) hybridisation of 259MW. The plant is located in the municipalities of Ayora, Jarafuel and Zarra.

The project is expected to be operational by the first half of 2027.

Masdar’s investment in Spain

One of the world’s fastest-growing renewable energy companies, Masdar’s acquisition of Valle Solar underscores its commitment to Spain’s energy transformation, while progressing its target of 100GW of global clean energy portfolio by 2030.

The announcement follows an agreement with Endesa SA on Tuesday to acquire a 49.99 percent stake in four solar plants in Spain, with a total capacity of 446 megawatts (MW).

Valle Solar reflects Masdar’s commitment to sustainability and social responsibility as it integrates initiatives supporting biodiversity and local communities. It is expected to become a best-in-class example of integration between local wildlife protection and renewable energy production.

In a release, Masdar said: “The agreement between Saeta Yield, Genia Solar and Solar Ventures establishes Valle Solar as an exemplary model of sustainable development, where clean energy production is combined with respect for the environment and commitment to the community.

“This project represents a significant step towards decarbonisation and the strengthening of the local economy, becoming a benchmark for future initiatives in the field of renewable energies. Furthermore, this investment agreement not only advances the energy sector, but also establishes a model of collaboration that can be replicated in future projects.”

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