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Shell strikes deal for 300 MW solar energy

Shell Energy Europe will purchase energy from company Solaria’s photovoltaic plant in Spain totaling 300 MW in a long-term PPA.

Photo: SHELL

Shell has entered into a ten-year power purchase agreement with Spanish developer Solaria Energia on electricity generated by Solaria’s photovoltaic facility.

The energy is supplied by six solar projects generating around 570 GWh per year. The projects will be gradually coupled with the grid during 2021. Power deliveries commence when the facilities enter operation.

"This solar power purchase agreement will enable us to supply more clean power to our customers, while also helping to support the continued growth of renewable power in Spain," says Shell Energy Europe's General Manager for Power Rupen Tanna.

Solaria Energia plans to establish more than 3.3 GW in the booming Spanish solar energy market before the end of 2023. The projects won't receive state support and are competitive with other technologies in the market.

"It is an honour to start working with Shell, one of Europe’s leading energy companies, and we welcome the confidence they have shown in Solaria," says Solaria's Chief Operating Officer Darío López.

"This is one more step towards our goal of becoming a benchmark in the solar sector in Europe."

English Edit: Jonas Sahl Jørgensen

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