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renewables company ACCIONA Energia is considering selling around 6 GW of its global capacity in order to provide financial flexibility in the medium term. This

renewables company ACCIONA Energia has secured a 12-year contract for difference (CfD) with Croatia’s power and gas regulator for its 189-MWp Promina solar

ACCIONA Energia has completed its first hybrid renewable energy plant in Spain, with the construction of a solar plant at the site of its operational Escepar wind farm. The hybrid wind and solar park, located in Villalba del Rey and Tinajas, consists of a 36MW wind farm and a 29MW solar farm. The project generated up to 130 jobs during construction and is part of ACCIONA Energia's Social Impact Management program, which aims to reinvest part of its annual income in the local communities. The company is also carrying out a program to revitalize a cooperative in Villalba del Rey and is financing improvements to the facilities of a retirees and pensioners association in Tinajas.The Escepar facility is ACCIONA Energia's first hybrid renewables facility, where multiple renewable energy technologies share the same connection point. This allows for optimized use of the grid and reduces dependence on environmental conditions, resulting in a more constant and stable renewable energy production. Additionally, sharing infrastructure eliminates the need for new power lines, substations, facilities, and roads, reducing the environmental impact that two independent projects would have. How does ACCIONA Energia's hybrid renewable energy plant in Spain optimize grid use and reduce environmental impact? The hybrid renewable energy plant in Spain combines wind and solar energy technologies, allowing for optimized use of the grid. By sharing the same connection point, the plant reduces dependence on environmental conditions, resulting in a more constant and stable renewable energy production. The project eliminates the need for new power lines, substations, facilities, and roads, reducing the environmental impact that two independent projects would have. The hybrid plant contributes to the overall goal of reducing greenhouse gas emissions and combating climate change. The construction of the plant generated up to 130 jobs, providing economic benefits to the local community. ACCIONA Energia's Social Impact Management program reinvests part of its annual income in the local communities, supporting local development and sustainability. The company is also involved in revitalizing a cooperative in Villalba del Rey and financing improvements to the facilities of a retirees and pensioners association in Tinajas, further contributing to the social and economic well-being of the area. The hybrid plant showcases the potential of integrating different renewable energy technologies to maximize efficiency and reduce environmental impact.

ACCIONA Energia has begun construction on the 380-MWp Aldoga solar park in Queensland, Australia, which will power the state's largest green hydrogen production site. The AUD-500-million project is set to be completed by December 2025 and will be located 20 km northwest of Gladstone on the Central Queensland coast. The solar park will supply electricity to the Central Queensland Hydrogen Project (CQ-H2), which aims to produce green hydrogen for export to Japan and Singapore, as well as for local industries.The solar park will have a 15-year power purchase agreement with Stanwell Corporation and is expected to generate enough electricity to power approximately 185,000 homes. Construction is estimated to take 18 months, with the project set to be operational by the end of 2025. The Aldoga solar park is part of Acciona's commitment to renewable energy and sustainability initiatives in Australia. What is the significance of ACCIONA Energia's Aldoga solar park in Queensland, Australia? The Aldoga solar park in Queensland, Australia is significant as it will power the state's largest green hydrogen production site, the Central Queensland Hydrogen Project (CQ-H2). The 380-MWp solar park is a AUD-500-million project that is expected to be completed by December 2025. Located 20 km northwest of Gladstone on the Central Queensland coast, the solar park will supply electricity to the CQ-H2 project, which aims to produce green hydrogen for export to Japan and Singapore, as well as for local industries. The solar park will have a 15-year power purchase agreement with Stanwell Corporation and is estimated to generate enough electricity to power approximately 185,000 homes. Construction of the Aldoga solar park is expected to take 18 months, with the project set to be operational by the end of 2025. This project is part of ACCIONA Energia's commitment to renewable energy and sustainability initiatives in Australia, showcasing the company's dedication to clean energy production and reducing carbon emissions.