Luxcara and Alpiq have entered into a physical long-term power purchase agreement (PPA) for the output of the solar project Guillena-Salteras in Spain. The agreement comes after closing their first long-term PPA for the project El Salobral.
The solar project Guillena-Salteras is located north of Seville in Andalusia, one of the sunniest locations in all of Europe. With a capacity of approximately 121 MW, the solar plant will provide more than 53,000 Spanish households with renewable energy.
The solar project Guillena-Salteras was acquired by Luxcara for a portfolio for institutional investors in December 2018. Construction works started immediately after acquisition and are progressing according to plan. The start of production is planned for the first half of 2020.
