Statkraft signs renewable energy PPA for large industrial consumers in Iberia

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Statkraft's Spanish portfolio mainly includes new wind and solar projects that are under construction. Credit: Statkraft

Spanish energy sourcing platform Fortia Energia has signed a 10-year power purchase agreement (PPA) with Norwegian renewables firm Statkraft for power supply to large industrial customers in Spain and Portugal, mainly from Statkraft's wind and solar portfolio.

In total, Statkraft will supply 3,000GWh of electricity to Fortia during the duration of the contract. Fortia manages electricity supply for large companies in the steel, cement, metallurgy, chemical, paper and industrial gases sectors in the Iberian market. Fortia has been operating in the wholesale markets for more than a decade, with average annual sales of 11TWh, and it is said to be the largest independent supplier in the Iberian Electricity Market.

Statkraft's Spanish portfolio mainly includes new wind and solar projects that are under construction.

“With the signing of this agreement, Fortia contributes to the development of renewable energy projects, while ensuring long-term supply for the energy-intensive industry at competitive and predictable prices,” said Juan Temboury, MD at Fortia. “We very much look forward to taking that next step in the energy transition together with our customers.”

Statkraft has closed several PPA's for both, fully merchant projects as well as projects from the Spanish auctions. 

Stefan-Jorg Gobel, SVP Wind and Solar at Statkraft, will be speaking at Large Scale Solar Europe on 26-27 March is Lisbon.

Read Next

November 26, 2021
Portugal has launched its latest solar auction that is set to allocate 262MW of floating PV to be installed at seven dams across the country.
November 1, 2021
Corporations in the US are being urged to increase their adoption of renewables after a survey of businesses found appetite to do so, but warned that several organisational barriers remain.
October 28, 2021
A round-up of the latest news from the US solar market, including a new Lightsource bp project in Colorado, CenterPoint’s PV expansion in Indiana and another solar power purchase agreement (PPA) from Facebook.
October 26, 2021
PV Tech speaks with the CCO of Invinity Energy, a company specialising in vanadium flow batteries, to discuss his company's plans and what needs to happen with the storage sector
October 25, 2021
Oil and gas company Galp has secured loans from the European Investment Bank (EIB) to support the construction of more than 2.1GWp of solar projects across Spain and Portugal.
October 22, 2021
Alight has signed agreements to build three solar parks in Sweden that according to the company will be the largest in Sweden once built with a total installed capacity of 90MW.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
December 1, 2021
Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal