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SOLARIA SIGNS AN ENERGY SUPPLY AGREEMENT WITH INNSIDE BY MELIÁ

Madrid, June 14th, 2013

 

Solaria Energía y Medio Ambientes Group has signed an agreement with Innside by Meliá, Premium brand of the hotel company Meliá Hotels International, for the power supply of three hotels in Madrid, Innside by Meliá Luchana, Innside by Meliá Genova and Innside by Meliá Suecia, through a bilateral energy supply contract.

Energy will come from a new solar photovoltaic power plant whose construction is developing Solaria and where its photovoltaic modules will be installed and that will be finished by the last quarter of 2013. For the sale of energy, both parties will rely on the support of an energy retailer that will act as the agent for the electricity market.

Thus, Solaria continues its commitment with the Spanish market with innovative solutions to adapt to an environment without subsidies and where photovoltaic technology is able to compete with other energy sources. The effectiveness and competitiveness of Solaria opens this market of great potential for the development of our activities, making grid parity a reality in many regions of Spain.

InnSide by Meliá has as part of its environmental strategy a strong commitment with the environment and resources protection, as embodied in various actions or projects that contribute to reduce the environmental impact of the facilities and to integrate the respect and protection of natural environment in their daily activities.

This agreement together with the market trend towards photovoltaic power plants without any subsidies, places Solaria and Innside by Meliá to the forefront and in a privileged position thanks to his knowledge and experience in this type of premises and contracts.

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