SOLARIA SIGNS A 105WM PPA WITH ALPIQ FOR 10 YEARS

December 2019

Madrid, December 16th, 2019

As of today, SOLARIA, signs a physical power purchase agreement (PPA) with the Swiss company ALPIQ, for a contracted power of 105MW.

This agreement will have a ten years duration since the facilities commissioning.

This energy will be supplied from two projects located in Castilla y Léon and one in Castilla La Mancha to be connected to the grid throughout 2020. The three plants will have a 105MW installed capacity and will generate an estimated production of 200 GWh per year.

Enrique Díaz-Tejeiro, SOLARIA President: “We are still focus on signing PPAs with Tier 1 players. We have an excellent competitive position making us the ideal partner for many large companies that want to offer their customers green energy at a very competitive price in Spain”.

The energy fed into the grid by the PV plants included in these contracts will be 100% renewable and will reduce the CO2 emissions to the atmosphere by more than 42,400 tons per year, thus helping to reach the targets of the Renewable European Directive 2009/28/EC to reduce greenhouse gas emissions. The volume of these contracts is equivalent to the consumption of more than 60,000 households per year.

LAST NEWS

December 2019

SOLARIA has reached an agreement with Natixis S.A. for the long term financing of 252MW

December 2019

Solaria has obtained 630MW of IVAs in Camino Fregacedos and Parla substations.

December 2019

Solaria enters the Ibex Medium Cap

December 2019

SOLARIA HAS OBTAINED 695MW IN NEW IVAs IN GAROÑA NODE

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