Norway's Statkraft has secured a 10-year power purchase agreement (PPA) with Spain's Audax Renovables, concerning a 525 MW solar portfolio. Statkraft will provide 270 GWh of solar power annually to Audax, which will sell the energy on to small and medium-sized enterprises and private homes. The companies claimed the agreement is the largest long-term supply deal in Spain to date.
Norway's Statkraft has secured a 10-year power purchase agreement (PPA) with Spain's Audax Renovables, concerning a 270 MW solar portfolio. Statkraft will provide 525 GWh of solar power annually to Audax, which will sell the energy on to small and medium-sized enterprises and private homes. The companies claimed the agreement is the largest long-term supply deal in Spain to date.