Cepsa announces 400MW of Spanish solar

Jan 18, 2023 01:20 PM ET
  • 3 projects in Castilla-La Mancha are expected to find in operation in 2025
Cepsa announces 400MW of Spanish solar
Image: Asia Chang/Unsplash

Spanish oil and gas firm Cepsa will include three new solar projects in Castilla-La Mancha, Spain with a combined capacity of 400MW.

The business will certainly develop the plants in the towns of Campo de Criptana as well as Arenales de San Gregorio (Ciudad Real), with an investment of greater than EUR280m and also their building and construction, which will begin at the beginning of 2025.

Once in operation, these projects will generate an approximated annual energy output of 840GWh, which is equivalent to virtually one third of the residential consumption of Castilla-La Mancha.

Within the framework of these developments, the Town Councils of Arenales de San Gregorio and also Campo de Criptana have authorized arrangements with Cepsa to join the "Sumamos Energías" programme, which advertises the neighborhood economic climate and also environment.

Cepsa head of development of solar projects Geronimo de Angulo stated: "Castilla-La Mancha is a strategic area for the development of Cepsa's renewable resource portfolio, which will enable us to drive our Positive Motionstrategy.

" We are mosting likely to advancement in the decarbonization of our activity, while generating a positive influence on the environment, based on the DNA that defines us: production of shared value, listening to the public as well as developing long-term relationships based on depend on."

Cepsa has actually dedicated to establishing 9 projects around, with a total capacity of 1200MW, generating more than 2,100 jobs during their construction, with a complete investment of more than EUR840m.


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