Solarpack has signed a power purchase agreement (PPA) with a duration of around 10 years for the 54 MWp solar photovoltaic project located in Cañada Alta, Murcia, Spain.
Solarpack will supply Shell with 105 GWh a year of clean energy starting in June 2024. The project will generate the equivalent energy to meet the annual electricity needs of around 37,000 Spanish homes and will employ around 170 people during its construction. It is estimated that it will produce enough clean energy to avoid around 75,000 tonnes of CO2 emissions a year which would have been generated through a non-renewable power supply.
The project is being financed with EUR38 million (US$41.21 million) from BBVA.
Country updates
-
-
June 28, 2023
RWE commissions 44 MW solar PV project in Spain
RWE has commissioned the 44 MWac Puerta del Sol solar project, which is located in the Guadalajara province near Madrid, Spain. This solar farm is another step towards RWE’s commitment to renewa...
Read more -
June 26, 2023
EDPR receives authorization to commission 14.5 MW wind-solar hybrid project in Avil
EDP Renewables has been granted permission to operate Spain's first-ever hybrid project. This project will combine 13.8 MWp (11.38 MWac) solar and 14.5 MW wind power generation at a single location in...
Read more -
June 21, 2023
VINCI wins contract for a new electrical interconnection between France and Spain
The consortium made up of VINCI Energies, VINCI Construction, and Hitachi Energy (leader) has been awarded by Electricity Interconnection France-Spain (INELFE), the joint venture bringing together ope...
Read more -
June 16, 2023
Grenergy Renovables agrees the sale of 150 MW of solar assets in Spain
Grenergy Renovables has agreed to sell 100% of its 150MW Belinchón solar PV plant in Cuenca (Spain) to a European IPP. The transaction is valued at EUR83 million (US$90.85 million)....
Read more -
June 15, 2023
Acciona invests in Solideo to boost self-consumption and distributed generation businesses
ACCIONA Energía has announced the acquisition of a majority stake in Solideo, a Spanish company that specializes in self-consumption and energy efficiency solutions meant for small and medium-s...
Read more
