Grenergy Renewables SA has signed a long-term power purchase agreement (PPA) with an unnamed major electricity group for approximately 200 GWh per year. Grenergy will sell part of the energy produced by its Belinchon solar farm.
Located in Cuenca, Spain, the plant will have an installed capacity of 150 MW and an estimated production of 315 GWh per year, using bifacial PV modules. The company expects it to come into operation in 2022, although the PPA will not be activated until March 2023.