Friday 31 July 2020

SABIC’s facility in Spain to become ‘world’s first’ chemical plant to operate on 100% renewables

The Spanish energy company Iberdrola plans to invest around €70 million (£63.5m) to build a 100MW solar photovoltaic (PV) plant, which will power a polycarbonate facility in the country.

SABIC, which is ranked among the world’s largest petrochemicals manufacturers, will have their facility in Cartagena powered by 100% renewables.

The plant, which will consist of 263,000 PV panels, will be installed on land owned by SABIC and it will become the 'largest industrial renewable power plant in Europe once fully operational in 2024.

SABIC's agreement with Iberdrola is part of the firm's sustainability journey and transition to cleaner energy.

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