Statkraft and the Austrian company Verbund have signed a long-term power purchase agreement linked to the La Solana photovoltaic plant, owned by the Austrian company. Capital Energy Power Vortice, a minority shareholder of Lusitania Renovables, the company that owns the facility, has also participated in this agreement.
The La Solana photovoltaic plant is located in Plasencia (Extremadura), has an installed capacity of 20.2 megawatts (MWp) and went into operation in the spring of 2022. Through this contract, Statkraft will purchase 100% of the production of this renewable facility, in order to supply its customers with clean, local and affordable energy.
This new PPA strengthens the relationship between Verbund and Statkraft, who have collaborated before in other European markets. In Spain, the PPA for La Solana is the third signed between the two companies, taking into account those signed between Statkraft and Capital Energy Vortice in 2021 for the Buseco and Lomas wind projects.
Statkraft's Origination Director for Spain and Portugal, Tiago Thomaz, explained how "this agreement with Verbund is a new step forward in the energy transition in Spain, where we already manage a renewable portfolio of 1.7 gigawatts. We are delighted to contribute to this process, acting as a driver for sustainable renewable projects that do not depend on subsidies, as is the case with the La Solana photovoltaic plant."
"The closing of this contract marks a milestone in the implementation of Verbund's 2030 strategy, which foresees significant growth in the renewable energy sector, aiming to reach around 20-25% of total generation from PV and onshore wind by that year. That is why we are particularly pleased with the cooperation with Statkraft and the joint progress in the energy transition. Determined action and cross-border cooperation are the essential components for the energy revolution," emphasizes Enrique Barbudo Sepúlveda, CEO of Verbund Greenpower Iberia.