Equinix, Inc. increased its backing of renewable power projects with the addition of five new long-term Power Purchase Agreements (PPAs) in Spain totaling 225 MW. Once operational in 2025, the projects are expected to generate more than enough power to match consumption at Equinix's International Business Exchange™ (IBX®) data centers in Madrid, Barcelona, and Seville.
The five new projects, along with existing projects, will bring Equinix's contracted PPA capacity to 595 MW globally, which is estimated to generate nearly two million MWh annually.
The projects will be managed by Madrid-based IGNIS, an integrated renewable energy group involved in the entire value chain, from development to operation and energy solutions. IGNIS has participated in the development of a portfolio of more than 20 GW of renewable projects in Europe, the U.S., Latin America, and Asia, and it currently manages an operational portfolio of more than 4 GW of different generation technologies. Schneider Electric, a leading global advisor on corporate renewable energy procurement, supported Equinix in project selection and contract negotiations.
Country updates
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March 02, 2023
Sonnedix, Endesa sign 12-year PPA for 77 MW solar portfolio in Spain
Sonnedix has signed a 12-year power purchase agreement (PPA) with Spain's largest electric company Endesa. The green energy deal will be produced from the 77 MW solar photovoltaic (PV) portfolio that...
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March 01, 2023
CEMEX, ETFuels sign agreement to transform CO2 into green fuels
CEMEX has partnered with ETFuels to transform CO2 from its Alicante cement plant in Spain into green fuels. This partnership will see ETFuels combine up to 450,000 metric tons of captured CO2 annually...
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March 01, 2023
ABO Wind, Repsol enter deal for sale of 250 MW renewable energy projects in Palencia
ABO Wind has reached an agreement with Repsol Renovables for the sale of five renewable energy projects with a total capacity of 250 MW. The deal covers further development of the five projects b...
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February 28, 2023
Naturgy plans to build 34 MW solar PV project in Murcia
Naturgy is planning to develop a 34 MW solar photovoltaic project that will be constructed in the southeastern region of Murcia in Spain. The project will represent a total of EUR26 million (US...
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February 28, 2023
Naturgy starts construction of 34 MW Jumila solar PV project in Murcia
Naturgy Energy Group SA has commenced development on the Jumila solar photovoltaic (PV) project, a 34 MW solar farm in the Murcia region of south-eastern Spain. The company has allocated an investment...
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