Matrix solar to supply Statkraft in Spain

• PPA for all the output from a 50MW project due online in the province of Jaen later this year

Matrix Renewables is to supply Statkraft with all the electricity from a 50MW solar farm in the southerly Spanish province of Jaen under a 10-year power purchase agreement (PPA).

The agreement will start in the 2nd fifty percent of 2022 as soon as the solar park is fully operational.

Matrix Renewables handling supervisor for development and also markets Chris Matthews claimed: "Statkraft has been an advocate of Matrix since our beginnings, having actually provided the safety and security and presence that enabled us to finance our very first functional possession in Spain.

" After authorizing 4 business PPAs in 2021, we are thrilled to broadening and also expanding our PPA collaborations by signing our initial PPA with an energy business in Spain.

" Statkraft's experience and proactivity allowed Matrix to optimize revenues in a really unstable market as well as we expect increasing our collaboration with Statkraft in future projects."

Statkraft Vice President for Southern European source Simon Kornek said: "We are extremely pleased to continue enhancing the energy transition in Spain through the finalizing of this new PPA with Matrix Renewables.

" The signing of this PPA ended the sustainable power purchasing process announced by Statkraft to the market in 2021. "

" We anticipate to introduce a comparable purchasing procedure in the close to term, continuing our payment to the advancement of more long-term budget-friendly green energy as well as offering commercial consumers in Spain environmentally and economically sustainable remedies."

Statkraft launched an employ 2021 to acquire sustainable power from independent power manufacturers in Iberia.

The business is likely to release a similar process in the first half of 2022.