Friday 19 June 2020

Iberdrola to provide 100% renewable energy to Vodafone’s Spanish business

Iberdrola is to supply 100% green energy to 13,500 supply points for Vodafone's network in Spain.

The contract will take effect in January 2021 - 140GWh/year of the total 540 GWh/year will be supplied under a PPA linked to the new 49MW Puylobo wind project, which is currently under construction in Aragón.

The remainder will be supplied under another agreement, that guarantees renewable energy through the delivery of the company's Guarantee of Origin certificates.

Eduardo Insunza, Iberdrola's Director of Large Customers, said: "PPAs offer numerous opportunities to develop the renewable projects that are transforming the present and future energy in our country.

"These long-term energy purchase and sales contracts provide stability to investments and have also become an optimal tool for managing the electricity supply of large consumers who are committed to clean and sustainable consumption. They also demonstrate the competitiveness of renewables and their ability to supply energy at affordable, stable prices."