European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the low-emission operation of data centers as the driving forces behind the decision.
According to Edisun, discussions are underway with a consortium of banks to finance the project's construction. If Edisun cannot secure financing, the original owner, Smartenergy, has an agreement to purchase the plant back.
Edisun is also seeking to acquire additional Special Purpose Vehicles from Smartenergy to support energy supply to data centers. This includes securing a grid connection for additional energy purchases. In return, Edisun is selling its 159MW Italian project portfolio to Smartenergy.
