Iberdrola has concluded a long-term Power Purchase Agreement (PPA) to supply electricity from the 391 MW Nuñez de Balboa solar facility set to build in Usagre (Badajoz-Extremadura). The agreement is to run for 10 years.
The contract will allow Grupo Kutxabank to use this kind of renewable electricity exclusively at all of its banking premises and branches across Spain. It will therefore manage to avoid making over 15,000 tons per year of CO2 emissions, thus contributing to the economy's decolonization strategy.
Country updates
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July 24, 2018
Endesa to invest €59 million for the 84.9 MW solar project
Endesa, through its unit Enel Green Power Espana (EGPE), intends to invest up to €59 million (US$ 68.8m) for a 84.9 MW solar park to be located in Murcia, southeastern Spain. The f...
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July 16, 2018
Ellomay completes pre-hedge transaction for 300 MW Talasol project
Ellomay Capital Ltd. has conducted a pre-hedge transaction as a protection to the financing for the 300 MW Talasol solar project located in Talaván, Cáceres, Spain. As the facility...
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July 13, 2018
La Caisse funds 250 MW solar portfolio
A total of CAD150 million (USD 114m) has been provided by La Caisse de depot et placement du Quebec (CPDQ ) as an aid for ContourGlobal's acquisition of the combined 250 MW solar thermal power por...
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July 09, 2018
Siemens Gamesa signed EPC contract for solar PV projects in Spain
Siemens Gamesa Renewable Energy has signed an engineering, procurement, and construction (EPC) deal for two solar photovoltaic projects in Spain: 24 MW El Marquesado wind farm in Puer...
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July 05, 2018
Marquesado wind park has already been approved by the regional administration and has its construction works already been scheduled
Marquesado wind park has already been approved by the regional administration and has its construction works already been scheduled. In addition to the wind park, the project includes the transmission network for the connection to the El Marquesado substation
