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Home » Uncategorized » Telco Orange dials in Iberdrola power play in Spain
Solar

Telco Orange dials in Iberdrola power play in Spain

Stephen DunneBy Stephen DunneFebruary 14, 20202 Mins Read
Telco Orange dials in Iberdrola power play in Spain

Telco Orange has entered into a long-term power purchase agreement with Iberdrola for 200 gigawatt-hours of electricity from the 328MW Ceclavin solar plant in Spain.

Electricity from the PV project, due online later this year in Extremadura, will power some 9000 sales offices and buildings Orange operates in the country.

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Ceclavin will be Iberdrola’s third in the region and is part of the Spanish developer’s strategy to install 3GW of renewables in its home market by 2022.

Spain chief executive Angeles Santamaria said: “PPAs open many opportunities to develop the renewable projects that are transforming the present and future energy in our country.

“These long-term energy purchase and sales contracts provide stability to the company’s investments and have also become an optimal tool for managing the electricity supply of large consumers who are committed to clean and sustainable consumption.”

Orange boss Laurent Paillassot: “This agreement with Iberdrola is in line with our commitment to caring for the planet and for sustainability, set out in the Orange Group’s strategic plan, Engage 2025, of which Spain, as its second largest market, is a fundamental part.”

He added: “In addition, it reinforces our strategy as a group to achieve carbon emission neutrality by 2040, while also contributing to increasing the renewable energy capacity in Spain.”

Europe Iberdrola Solar Spain
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