Saint-Gobain and Endesa have signed an 11-year Power Purchase Agreement (PPA). This agreement will begin in 2024 and will cover approximately 55% of Saint-electricity Gobain's demand in Spain. The power will come from Endesa's renewable portfolio of wind, solar and hydroelectric plants.
Under the terms of the deal, Endesa will supply Saint-Gobain with 150 GWh of renewable energy annually, which is equivalent to the annual supply of renewable energy to about 43,000 Spanish residences. It reduces CO2 emissions by approximately 39,000 tons per year.
Country updates
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November 25, 2022
ib vogt starts construction on 149 MWp solar PV project in Zamora
ib vogt has commenced the construction of the 149 MWp Garnacha solar project in the province of Zamora in Spain. Norddeutsche Landesbank Girozentrale (NORD/LB) and Santander Corporate & Investmen...
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November 25, 2022
Copenhagen Infrastructure Partners secure sites for its biogas projects in Catalonia
Copenhagen Infrastructure Partners (CIP) has secured two sites in Catalonia, Spain, for its two large-scale industrial biogas projects. The two plants will save more than 150,000 tons of CO2 yearly....
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November 15, 2022
Banco Sabadell to finance 285 MW of Spanish solar PV projects
Solaria and Banco Sabadell have concluded a preliminary, non-binding agreement for the long-term financing of 285 MW of solar photovoltaic (PV) projects in Spain. Subject to a due diligence review an...
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November 14, 2022
Capital Energy secures environment approval for two Spanish solar projects
Capital Energy has been awarded the environmental approval for the development of two solar photovoltaic (PV) projects with a combined capacity of 205 MW located in Spain. The two projects are...
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November 14, 2022
Sonnedix completes acquisition of Spanish solar farm from Impax Asset Management
Sonnedix has completed the acquisition of a recently commissioned 36 MWp solar photovoltaic project located in Herencia, Ciudad Real, Spain from Impax Asset Management. Named the 'Fra...
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