The BayWa r.e. project, which will provide a total output of over 170 MWp, is located south of Seville and is one of the first solar projects of this size in Europe to be realised without any subsidies. This is made possible by a 15-year PPA that is the first of its kind in Spain. At the same time, it signals Statkraft’s entry into the Spanish market as a leading European provider of PPAs.
BayWa r.e. has already started preliminary work on the project and the plant is expected to be commissioned at the end of the year. In an area covering around 265 hectares, roughly 300 GWh of solar power will be generated every year – that’s the equivalent to the annual consumption of approximately 93,000 average Spanish households.
With a portfolio of 15,000 MW, the Norwegian energy group Statkraft is one of Europe’s largest providers of market access for renewable energy.
“With Power Purchase Agreements like the one for Don Rodrigo we are ensuring the long-term financing of new plants and are thus enabling further development of renewable energy across Europe,” says Hallvard Granheim, Executive Vice President Market Operations & IT at Statkraft. “Statkraft is bringing together pan-European electricity producers and companies from trade and industry, and is developing new concepts that add value for both sides. Our customers benefit from our decades of experience in supplying renewable energy at long-term predictable and competitive prices.”