1st Spanish Car Sector Firm To Operate 100% on RE 

Corporate Renewable Energy Sourcing: Spanish Automotive Manufacturer Gestamp Contracts Naturgy To Supply 203 GWh Solar & Wind Energy Annually Under 10-Year Power Purchase Agreement

1st Spanish Car Sector Firm To Operate 100% on RE 

Gestamp hopes to lower emissions and electricity costs with help from Naturgy supplying it solar and wind power. Gestamp says this makes it the 1st company in the car sector of Spain to operate with 100% renewables. Pictured is Gestamp Navarra, one of its Spanish production plants. (Photo Credit: Gestamp)

  • Naturgy has secured a PPA to annually supply 203 GWh solar and wind energy to Gestamp in Spain
  • It makes Gestamp the 1st Spanish automotive company to operate with 100% renewable energy
  • The 10-year agreement comes into effect in January 2022 and will power 21 Spanish production locations of Gestamp along with 2 R&D centers

Spanish natural gas and energy services company Naturgy has bagged a corporate contract to sell 203 GWh solar and wind energy annually to automotive engineering company Gestamp that aims to secure renewable energy for consumption in Spain in line with its sustainability initiatives.

The 10-year power purchase agreement (PPA), starting from January 2022, will see all of 21 Gestamp’s production facilities (out of 100 it operates globally) and 2 R&D facilities in Spain operating with 100% renewable energy. Gestamp says this makes it the 1st company in the automotive sector of Spain to operate with 100% renewable energy.

This annual supply of solar and wind power will enable 13% reduction in Gestamp’s total carbon footprint emanating from its electricity use, it added.

Altogether the Spanish facilities account for 18% of the automotive company’s global energy consumption, hence the effort to lower costs and emissions with the help of renewable energy.

Exact sources of this solar and wind energy were not shared.

Naturgy is quickly expanding its renewable energy footprint eyeing a bigger it can play in the green hydrogen domain. In December 2020, with Enagas, it announced what it termed back then as the largest plant for green hydrogen production in Spain to produce 9,000 tons of renewable hydrogen with 400 MW solar PV capacity powering 60 MW electrolyzer (see 400 MW Solar For Spanish Green Hydrogen Plant). It is also part of 30 companies to have launched the Green Hydrogen Initiative aiming for 95 GW solar and 67 GW electrolysis capacity by 2030 (see 95 GW Solar & 67 GW Electrolysis By 2030).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.

Subscribe To Newsletter


Top Solar Modules Listing

Latest Videos

Loading...
Subscribe To Our Taiyang NewsLetter 
Enter your email to receive our daily solar sector updates.