Energy distributor inks latest deal of busy 2019 as it agrees to buy annual 100GWh from innogy’s 50MWp Alarcos solar project, due to go live over the first half of 2020.
The funding will go towards the development of four plants contracted to generate energy for Spanish oil giant Repsol and move the manufacturer-turned-developer closer to its aim of deploying 3GW by 2023.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
WoodMac: Coal’s bleak future and nuclear shutdowns mean milestone lies within reach Europe-wide even if UK could overshoot it while France, Spain, Italy, Germany miss it.
Heidelberg-based firm turns to Southern European state for first unsubsidised solar venture after deploying conventional projects in Germany and the UK.
Figures from energy watchdog RAE show latest PV-specific tender has triggered 148.64MW in bids, down from the 287.11MW pot of contracts offered by Athens.
