Oil major Repsol steams ahead with second PV play in Spain

Facebook
Twitter
LinkedIn
Reddit
Email

Spain’s former oil monopoly has pressed ahead with the PV expansion it initiated last September, adding a second utility-scale project to its portfolio.

On Monday, Madrid-headquartered Repsol unveiled plans to build a 794MW new renewable pipeline in Spain, including a 204MW PV project in the southern province of Cádiz.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The so-called Sigma scheme already has obtained land and “guaranteed” linking to Spain’s national grid, according to the statement from the oil giant.

It will be deployed alongside 335MW and 255MW wind projects in the regions of Aragón and Castilla y León, respectively.

Combined, the renewable trio will bring CO2 emission savings of 2.3 million tonnes. They will supply power to the 890,000 customers Repsol services via its distribution unit.

PV newcomer to join Repsol’s Valdesolar

The 794MW build-out sees Repsol complete nine-tenths of its target to run a 4.5GW low-emission portfolio by 2025, the oil major said in its statement.

The group, a state-run monopoly until its privatisation throughout the 1990s, entered the PV market last year by purchasing the developer of a large-scale project in the Badajoz province.

Last September’s takeover of Valdesolar Hive saw Repsol reel in a 260MW PV scheme due to go live between this year and next, requiring some €200 million (US$225 million) in funding.

The arrival of 204MW Sigma brings another utility-scale boost to Spain’s bustling PV scene, where project announcements are piling as the country leaves behind years of policy uncertainty.

At 590MW and 500MW, Iberdrola’s projects are among the most sizeable but rivals are working to catch up. Developer Solaria, for one, wants to top the PV IPP charts by hitting 3.325GW in 2023.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

July 11, 2025
The Australian Energy Market Operator (AEMO) has revealed that several utility-scale solar PV power plants experienced curtailment of above 25% in the National Electricity Market (NEM) in 2024.
July 10, 2025
German renewables company BayWa r.e. has secured a €3 billion (US$3.5 billion) loan for 'operational initiatives and pipeline expansion.'
July 10, 2025
US renewables developer Invenergy has launched commercial operations of 250MW Fairbanks Solar Energy Center in Sullivan County, Indiana. 
July 10, 2025
A report published by the US Department of Energy (DOE) this week claims that the previous government’s support for renewable energy could cause blackouts to “increase by 100 times” by 2030.
July 10, 2025
Copenhagen Energy has partnered with Thy-Mors Energi to set up a 100MW PV and BESS project in Ballerum, about 370km from Copenhagen. 
July 10, 2025
The Australian Renewable Energy Agency (ARENA) has announced a new AU$60 million (US$39.4 million) funding round to bolster R&D efforts to achieve ultra-low-cost solar.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK