Verbund Green Power Iberia and Capital Energy have commissioned the 39 MW Loma de los Pinos onshore wind project in Lebrija, Spain. With a long-term power purchase agreement signed with Statkraft, the wind farm will have seven turbines manufactured by General Electric and be capable of producing 100,000 MWh of renewable energy each year. Avoiding the emission of more than 35,000 tonnes of CO2 annually, this is equivalent to the power consumption of over 36,000 Andalusian homes.
The two companies have announced their commitment to socioeconomic development in regions where they operate, demonstrated through the execution of a collaboration agreement with the Lebrija City Council to support the Capital Energy Territories Project and the Verbund Green Power Iberia Local Impact Plan.
The Loma de los Pinos wind farm marks the first of the three planned wind farms by Verbund and Capital Energy. Verbund holds 70% of the capital of these facilities, with the remaining 30% held by Capital Energy, all expected to begin generating energy this year in Andalusia.
Alstom and Schneider Electric have signed a Power Purchase Agreement (PPA) focused on solar development in Spain. The 160 GWh/year solar farm project will cover approximately the...
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Read moreThe Taaleri SolarWind III Fund, Taaleri Energia’s sixth renewable energy fund, has held a first closing, with approximately EUR286 million in commitments. The Fund's investment st...
Read moreIb vogt has announced that it has entered into an agreement to sell a 98.4 MWp Italian solar photovoltaic (PV) project portfolio to Rubis Photosol. The portfolio comprises ten photovoltaic and agrivol...
Read moreAXA has announced the signing of a virtual power purchase agreement with Ignis which entails the purchase of 84 GWh annually, representing 90% of the output of the planned 93 GWh solar project in Anda...
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