Spanish energy giant Repsol has switched on its largest solar photovoltaic (PV) farm in Spain, with the 264-megawatt Valdesolar project expected to be fully operational by the third quarter of this year.
At full power, Valdesolar, being developed at a cost of €200 million ($235 million), will provide electricity to some 140,000 homes in the province of Badajoz in the west of Spain, saving over 210,000 tons of carbon dioxide emissions a year.
It comes on the heels of the start-up of Repsol’s first PV complex in June, the 126.6MW Kappa development, which is made up of the Perseo Foton 1-3 projects in the Spanish province of Ciudad Real.
Along with Valdesolar and Kappa, Repsol has a third PV project in Spain, the 204MW Sigma development, in the southern province of Cadiz.
In the wind sector, Repsol recently broke ground on the giant 860MW Delta 2 project in the north-eastern region of Aragon, production from which will be dovetailed into that of the operational 335MW Delta 1 development.
The company also has the 175MW PI wind farm under development in the northern Spanish provinces of Palencia and Valladolid.
Repsol aims to reach a net zero emissions by 2050. To achieve that, the company targets to develop 7.5GW of “low-emissions generation” capacity — a definition that includes combined cycle gas turbines — by 2025 and double that by 2030.
In May, the company made its first foray into the US renewables market with the purchase of 40% stake in solar power and battery storage developer Hecate Energy, which currently has portfolio of projects totalling more than 40GW.
(This article first appeared in Upstream's renewable energy sister publication Recharge on 26 July, 2021)