EDP Renewables has signed a 15-year power purchase agreement (PPA) with pharmaceutical company Merck for the output from a 40MW wind farm in Spain.
The project is located in Albacete and is expected to start operations in 2023.
With this agreement with Merck, EDPR has secured 406MW for projects in Spain that are expected to be operational from 2021.
Recently EDPR was awarded 143MW, both wind and solar PV, in the renewables auction opened by the Spanish Government.
EDPR CEO Miguel Stilwell de Andrade said: “We are delighted to announce our long-term PPA with Merck, a company which, like us, is doing its part toward decarbonising the economy.
“Spain is a strategic market for EDP Group, and we look forward to continuing to actively develop wind and PV energy in this region”.
EDP group is committed to becoming an all-green company by 2030, developing an additional 20GW in renewables through to 2025, at a rate of 4 GW/year.