As of today, SOLARIA, the only solar photovoltaic power producer company trading in the Spanish Stock Exchange, signs a physical power purchase agreement (PPA) with REPSOL for a contracted power of 52MW.
This agreement will have a seven years duration since the facilities commissioning.
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 150,000 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 about 25,000 households per year.
