Iberdrola to build 328 MW of Spanish PV under PPA with telco Orange

13/02/2020 10:39 Solar

news

Iberdrola SA and French telecom group Orange SA r project in the home country.

Under terms of the PPA, Iberdrola is to supply electricity to Orange’s operations in Spain for 12 years, the utility said Wednesday. The PPA is already in force and one half of the supply it covers - 200 GWh per year -- is tied to the new build.

 

The 328-MW photovoltaic (PV) project is named Ceclavin, after one of two municipalities it will occupy in the Spanish region of Extremadura. Iberdrola will invest roughly EUR 250 million (USD 272.8m) in its construction and expects to have the solar park up and running this year.

 

Once commissioned, the Ceclavin facility will be Iberdrola’s third operational PV park in Extremadura.

 

Source: renewablesnow.com

Russia beating US in LNG price war

26/02/2020 09:52:00

Russian LNG’s low price point is putting pressure on its competitors in the European LNG import market, attendees heard at the S&P Global Platts London Oil and Energy Forum yesterday.

<READ MORE

Daily (25.02.2020): EUAs down 4% as the coronavirus outbreak beyond China weighs on market sentiment

25/02/2020 10:43:00

Crude oil futures lost ground on Monday as the panic created over the spread of the coronavirus outside China intensified concerns that the epidemic could significantly curb global demand for black gold.

READ MORE

North Macedonia considers coal phase out between 2025-2040

25/02/2020 09:30:00

North Macedonia is planning to end its use of coal for energy production by 2040 at the latest and sees a phase-out by 2025 as the cheapest option in two of three scenarios, environmental groups which helped draw up the strategy said on Monday.

READ MORE