Grenergy has inked a new hybrid PPA to supply green energy for 15 years to an international utility with an investment-grade credit rating. With this agreement, Grenergy has accumulated contracts worth €2.7 billion. Under this agreement, the company will supply about 8 TWh over 15 years.
Furthermore, the plant is anticipated to operate in 2025. Meanwhile, the supply of green energy is planned for the second quarter of 2026. This operation is framed within Oasis de Atacama, a storage project with a capacity of 4.1 GWh and close to 1 GW solar. The energy will come from the fourth phase, corresponding to a solar generation capacity of 260 MW and up to 1,100 MWh of storage.
Grenergy Renovables is a Spanish company created in 2007 as an independent producer of energy from renewable sources, mainly photovoltaic and storage. The company has a global platform of more than 15 GW of solar in various stages of development in eleven countries where it operates in the European (Spain, Italy, Germany, Poland and the United Kingdom), North American (United States) and Latin American (Chile, Peru, Mexico and Colombia) markets.
