Uriel Renovables develops solar plant for Eli Lilly in Puerto Rico

May 29, 2023 06:22 PM ET
  • Spanish renewables developer Uriel Renovables said on Monday that it has actually inaugurated a 2.87-MW solar photovoltaic or pv plant in the city of Carolina in Puerto Rico in support of US pharmaceutical group Eli Lilly And Co (NYSE: LLY).
Uriel Renovables develops solar plant for Eli Lilly in Puerto Rico

The plant, comprised of more than 6,400 solar panels, is coupled with a 240-kW/110-kWh battery system, which enables the project to fulfill all grid code requirements. The panels are mounted on fixed structures to be able to withstand winds of over 160 miles per hour (257.5 kmh) and make it through Puerto Rico's constant cyclones, the renewables firm stated.

The solar plant operates as a self-consumption system and will produce more than 4,600 MWh of electricity per year for Lilly's manufacturing facility on the island.

The installment begins top of greater than 600 MW of renewable energy projects that Uriel Renovables established around the world and is part of the business's strategy to provide economic sector consumers via long-lasting energy sales agreements, Uriel Renovables' president Ignacio Huarte said in a prepared statement.

Uriel Renovables becomes part of Spanish company team Uriel Investments, which is had by the Huarte household.

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