Spain’s Repsol will develop a €4.5 million ($5.5 million) pilot project to produce green hydrogen with floating PV for the Santander Port Authority. It will be completed in December 2023.
Repsol announced the start of construction on its 126 MW Kappa solar park. The project consists of three plants located in the municipality of Manzanares, Ciudad Real. It will require a total investment of €100 million.
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
After announcing its plan to invest in renewables in May, the Spanish oil group has now made its first move in the solar energy sector by acquiring a €210 project near Badajoz, in the southern Spanish region of Extremadura.
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