EDP Renewables has signed a 15-year power purchase agreement (PPA) with pharmaceutical company MSD (tradename of Merck & Co., Inc., Kenilworth, N.J., USA) to commercialize the energy produced by a 40 MW wind farm.
The project is located in Albacete (Spain) and is expected to start operations in 2023.
With this new agreement, EDPR secures 406 MW for projects in Spain that are expected to be operational from 2021. Recently EDPR was awarded 143 MW, both wind, and solar PV, in the renewables auction opened by the Spanish Government.
Country updates
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April 30, 2021
Naturgy launches construction of 22 MW Miraflores solar project in Castuera
Naturgy has begun the construction of Miraflores, its first photovoltaic solar power plant located in Extremadura, Spain, specifically in the town of Castuera (Badajoz). The plant will be a 22 MWp pow...
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April 30, 2021
Kobus Partners launches third renewable energy fund
Spanish private equity and investment firm Kobus Partners has launched its third investment fund that seeks to focus on renewable energy projects and developments. Kobus Renewable Energy III...
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April 28, 2021
Falck Renewables completes acquisition of 50 MW Desafio Solar solar project
Falck Renewables S.p.A. completes the acquisition of 100% of the share capital of Desafio Solar SLU, owning an operating solar plant in Spain. The signing of the Share Purchase Agreement (SPA) with Ca...
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April 26, 2021
X-Elio commissions 35 MW Turroneros I solar project in Xixona
X-ELIO has brought into operation the solar PV plant Turroneros I in Xixona (Alicante), with a capacity of 35 MW and a EUR25 million (US$30 million) investment. This first stage of the Turroneros proj...
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April 23, 2021
Capital Energy plans development of a 22.5 MW wind project in Galicia
Capital Energy plans to build a 22.5 MW wind farm in the State of Galicia in Spain with an investment of up to EUR20 million (US$24.07 million). The 22.5 MW Cunca wind farm will be built t...
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