EDP Renováveis secures a 63 MW PPA in Spain


GO ECO GREEN21. Spain is increasing wind energy generation in 2020. EDP Renováveis, SA (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renovables España S.L.U., has secured a 15-year Power Purchase Agreement (“PPA”) with Novartis, a global medicines company, to sell electricity to be produced by a portfolio of 63 MW of renewable energy. The portfolio comprises a 36 MW wind farm project and a 26,8 MW solar power plant, that are expected to be installed in 2022/23.

With this new contract, in Spain, EDPR has already secured PPAs for projects totalling 229 MW to be installed from 2020 to 2023. Energía Limpia XXI magazine states that according to a press release issued by EDPR, the company has secured 86% of the ~7.0 GW targeted wind and solar global capacity build-out for the 2019-2022 period, as…

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