AXA has announced the signing of a virtual power purchase agreement with Ignis which entails the purchase of 84 GWh annually, representing 90% of the output of the planned 93 GWh solar project in Andalucia, Spain. The 10-year deal will empower AXA to meet its clean energy objectives, signaling a shift in the company's power supply priorities.
Ignis is a global energy company with a primary focus on renewable energy and innovative energy solutions. The company was established in 2015 by a team of engineers and has since honed its business strategy toward the development of clean and competitive energy projects.
The solar farm will commence construction soon and is expected to be operating by May 2025.
Country updates
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June 30, 2023
Solarpack signs 10-year PPA for 54 MWp solar project in Murcia
Solarpack has signed a power purchase agreement (PPA) with a duration of around 10 years for the 54 MWp solar photovoltaic project located in Cañada Alta, Murcia, Spain. Solarp...
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June 30, 2023
Solarpack, Shell sign PPA for 54 MW solar PV project in Murcia
Solarpack has signed a power purchase agreement (PPA) with Shell Energy Europe, which will allow the latter to receive output from the former's 54 MW solar project in Murcia, Spain. Under the agreemen...
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June 28, 2023
RWE commissions 44 MW solar PV project in Spain
RWE has commissioned the 44 MWac Puerta del Sol solar project, which is located in the Guadalajara province near Madrid, Spain. This solar farm is another step towards RWE’s commitment to renewa...
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June 26, 2023
EDPR receives authorization to commission 14.5 MW wind-solar hybrid project in Avil
EDP Renewables has been granted permission to operate Spain's first-ever hybrid project. This project will combine 13.8 MWp (11.38 MWac) solar and 14.5 MW wind power generation at a single location in...
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June 21, 2023
VINCI wins contract for a new electrical interconnection between France and Spain
The consortium made up of VINCI Energies, VINCI Construction, and Hitachi Energy (leader) has been awarded by Electricity Interconnection France-Spain (INELFE), the joint venture bringing together ope...
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