Repsol to develop three new renewable energy projects in Spain

Repsol has agreed the development of two wind projects in the Spanish regions of Aragon and Castilla y Leon and a photovoltaic power plant in Andalucia with a total installed capacity of 794 megawatts.

The projects announced, which will be managed by the Repsol Electricidad y Gas unit, are in different execution phases and are made up of a 335 MW wind farm in Zaragoza acquired from Forestalia; another in the provinces of Palencia and Valladolid with a total installed capacity of 255 MW acquired from Iberen and; a 204-MW solar project in Cadiz known as Sigma acquired Dosa. All of them are located in areas with very favorable conditions for the production from each type of technology. Combined, they will save 2.3 million tons of CO2 emissions each year compared to the same amount of power generated from coal. Their combined output from the 794 MW capacity is enough to supply the annual needs of about 650,000 homes.

The new renewable projects already have land secured as well as a guaranteed connection to the electricity transport network. The energy they generate will supply the company’s existing client portfolio, which currently totals 890,000 clients (a 19% increase from the start of the business eight months ago), as well as new users.

The three projects are expected to begin commercial operation in the coming four years.