Iberdrola has signed renewables power purchase agreements (PPAs) in Spain and Portugal with Vodafone, following the signing of one in Germany.
In total the PPAs will see Iberdrola provide Vodafone with 410 gigawatt-hours (GWh) of solar generated electricity in Spain, Portugal and Germany, helping accelerate Vodafone’s net zero journey while increasing its energy security.
For Vodafone Portugal, the deal will provide the energy from the newly-built Velilla solar plant located in Palencia, Spain.
The PPA for Vodafone Spain will deliver 280GWh per year from the newly constructed Cedillo plant in Cáceres, Spain.
For Vodafone Germany, a deal was agreed in early July to supply the full energy produced from the Boldekow solar plant, Iberdrola’s first solar project to be developed in the country.
The plant will have a total capacity of 56MW and will be built in the state of Mecklenburg-Western Pomerania.
It will be fully operational by 2024.
Iberdrola global clients director Aitor Moso said: “Iberdrola and Vodafone are both committed to connecting customers and communities to a cleaner and smarter future.
“As a global developer of clean energy, we have the projects around the world that allow us to support multinational companies like Vodafone who are committed to sustainability right across their business operations.
“Agreements with progressive businesses like Vodafone are increasingly important in allowing new renewables projects to be built, and we now look forward to accelerating the delivery of these solar PV plants.”
Securing an off-taker for the clean electricity production allows Iberdrola to accelerate the construction and commissioning of the sites.
The companies have also pledged to work together to look for new PPA opportunities and sustainability initiatives in Europe.