- Acciona Energía, a Spanish infrastructure firm Acciona subsidiary, has signed a ten-year power purchase agreement (PPA) with the Portuguese firm Grupo Violas.
- The deal is expected to allow Grupo Violas to offset more than 10,000t of carbon emissions annually.
Acciona Energía, a Spanish infrastructure firm Acciona subsidiary, has signed a ten-year power purchase agreement (PPA) with the Portuguese firm Grupo Violas. Under the PPA, Acciona Energía will supply 55,000MWh of green electricity a year to Grupo Violas’ subsidiaries, which include Solverde, Clip and Cotesi. The clean energy will have received certificates of 100% Renewable Guarantees of Origin from Portugal’s electricity group, Rede Elétrica Nacional, via its Entidade Emissora de Garantias de Origem platform.
Acciona Energía Portugal director Alexandre Kisslinger said: “This long-term contract brings competitive advantages for our customer, as it provides price stability when the market is very volatile and makes a significant contribution to their climate objectives.” The deal is expected to allow Grupo Violas to offset more than 10,000t of carbon emissions annually.
Acciona Energía also has agreements with other clients in Portugal, including Fnac, Makro, NH Hotels, Siemens and Vidrala. The firm has 166MW of renewable generation capacity in Portugal, including the 46MWp Amareleja project, which is one of the Iberian Peninsula’s largest solar assets. It agreed to acquire the Cunningham battery energy storage system (BESS) in Texas in December last year from Qcells.