Solaria bags power supply deal for 105 MW of solar in Spain

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From pv magazine Spain.

Spanish solar company Solaria Energía y Medio Ambiente SA has secured a long-term power purchase agreement (PPA) signed by Swiss power company Alpiq for electricity generated at several Spanish PV plants.

Solaria said the 10-year deal will be linked to two solar projects under construction in Castilla y León and one planned for Castilla La Mancha, in central-northern Spain. The three facilities will have a combined generation capacity of 105 MW and are expected to generate around 200 GWh of solar electricity per year.

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The deal is the latest PPA signed by Alpiq for Spanish solar projects following agreements related to the 110.4 MW Guillena-Salteras plant and a 45 MW plant in Córdoba, both developed by German company Luxcara.

In June last year, Solaria announced a €600 million investment plan to develop PV projects with a total generation capacity of 1.3 GW in Spain. In early August, the company entered the Portuguese PV market, as its Prodigy Orbyt LDA unit secured a 49 MW solar project in a government auction which claimed to generate the world’s cheapest solar power tariff.

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