Acciona Secures Renewable Energy PPA For 684 MW

Chilean Telecom Operator Movistar Chile To Source 100% Renewable Energy From 684 MW Solar & Wind Energy Assets Of Spain’s Acciona

Acciona Secures Renewable Energy PPA For 684 MW

  • Acciona has signed a long term PPA in Chile with local telecom operator Movistar Chile
  • It will supply 100% renewable energy to Movistar Chile from 684 MW operational solar and wind energy assets
  • The Chilean company will source 108 GWh of clean energy under the arrangement to cover 40% of its electricity needs

Spanish energy company Acciona has secured Chilean telecom operator Movistar Chile as the procurer for 100% renewable energy from 684 MW of its operational solar and wind power projects in Chile under a long term power purchase agreement (PPA).

With this PPA, Movistar Chile will be able to cover 40% of its power needs, and lower its annual CO2 emissions by 42,400 tons. Total energy supply under the agreement will add up to 108 GWh annually.

“Acciona has been investing heavily in Chile, reaching investments of close to US$1.2 billion, with the aim of building a portfolio of exclusively renewable projects that guarantee our clients a 100% clean electricity supply,” said Acciona Energy Management Head Lionel Roa.

Previously, Acciona signed up another telecommunications firm Telefonica in Spain for 100 GWh in Spain (see Acciona Bags RE Supply Contracts In Spain).

In February 2020, Acciona announced entering its 7th corporate renewable energy PPA in Chile for wind and solar power with salt producer and retailer K+S (see Acciona Laps Up RE Supply Contract With Chilean Firm).

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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