12-Year PPA For 50 MW Spanish Solar Project Of BayWa

Statkraft Signs 12-Year Power Purchase Agreement With BayWa For Another Spanish Subsidy Free Solar Project—50 MW Don Rodrigo 2 Solar Plant
01:54 AM (Beijing Time) - 29. August 2019

Having signed up for a 15-year PPA for the Don Rodrigo Solar Plant of BayWa, Statkraft has now entered into a PPA for 12 years for the Don Rodrigo 2 Solar Project in Spain with the German company. (Photo Credit: Statkraft)

Key Takeaways

  • BayWa and Statkraft have entered a PPA for 12 years for Don Rodrigo 2 Solar Project in Spain
  • It is currently under construction as a subsidy-free plant in the proximity of the Don Rodrigo Solar Project
  • On completion by the end of 2019, Don Rodrigo 2 is expected to generate 100 GWh of clean power annually

Norway’s Statkraft has committed to procure solar power from a 50 MW project being constructed by Germany’s BayWa r.e. in Spain. The two have signed a 12-year power purchase agreement (PPA) for Don Rodrigo 2 solar park project, near Don Rodrigo Solar Park which it calls as the first subsidy-free utility scale solar plant in Europe completed a year back. Statkraft is under a 15-year PPA for Don Rodrigo Solar project with BayWa (see BayWa Secures €100 Million For 174 MW PV Project).

BayWa is constructing Don Rodrigo 2 on 162-hectare land near Seville, in the south of Spain, and expects to complete the project by the end of the year 2019. On completion, the plant is likely to generate 100 GWh of clean power annually.

“With Don Rodrigo 2 we continue to forge ahead with subsidy-free solar in Europe,” said Benedikt Ortmann, global director of Solar Projects at BayWa r.e. “Soon, we will have delivered yet another proven grid-parity project, as we continue to execute on our existing pipeline in Spain.” He also added that the company is proactively looking for other projects and developers to work with in Spain and Portugal and is excited about pursuing further opportunities for subsidy-free projects in Europe.

For Statkraft this is one of the several solar projects in Spain it has signed up for. In July 2019, it entered into a 5-year PPA for subsidy-free 50 MW Bargas Solar Park with Aventron. The Norwegian company will provide solar power from Spanish projects to Audax Renovables under a 10.5 year PPA.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani