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HomeLatest NewsCepsa invests another 280 million in solar plants in Castilla-La Mancha

Cepsa invests another 280 million in solar plants in Castilla-La Mancha

Date: June 10, 2023 Time: 13:38:01

Cepsa continues to bet on its renewable development in Castilla-La Mancha. The company has announced a new investment of 280 million euros for the construction of three solar plants with an estimated power of 400 megawatts. They will be located in the towns of Campo de Criptana and Arenales de San Gregorio (Ciudad Real).

As reported by the company in a statement, the construction of the facilities will begin in 2025 and more than 420 direct jobs will be generated, reaching around 700 in the peak development areas. These three plants are expected to produce an annual energy of 840 gigawatt hours (GWh), which is equivalent to the consumption of about 250,000 homes for a year, that is, about a third of the domestic consumption of Castilla-La Mancha. Likewise, the production of this renewable energy will avoid the annual emission of 336,000 tons of CO2.

The Municipalities of Arenales de San Gregorio and Campo de Criptana have signed agreements with Cepsa to adhere to the ‘Sumamos Energías’ program, which the company promotes to guarantee the integration of renewable projects in the local environment, as well as to involve the different social agents, involve citizens and encourage collaboration with administrations.

In this way, there are now nine projects that Cepsa is going to develop in the community, with a total capacity of 1,200 MW, discovering its construction more than 2,100 jobs and a total investment of more than 840 million euros. Once they are all up and running, they will produce 2,500 GWh, almost the total domestic consumption of the entire region.

green hydrogen

Cepsa stresses that it is developing a renewable energy portfolio to sustainably supply the energy consumption of its industrial centers, especially for the production of green hydrogen, an energy vector that it wants to be a leader in this decade. To this end, it has launched the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe with an investment of 3,000 million euros.

The Andalusian Valley of Green Hydrogen will produce 300,000 tons of green hydrogen per year, which will be dedicated to the decarbonization of the Energy Parks that the company currently has and in which they will also produce biofuels and heavy land. Derivatives such as green ammonia and methanol can be extracted from hydrogen, with future profits as green marine fuel.

The project will generate 10,000 jobs, 1,000 of which will be direct and the rest indirect and induced. With this plan, Cepsa expects to produce 50% of the green hydrogen set by the Government for all of Spain in 2030, we will achieve objectives for reaching 4,000 MW of electrolyser power, being the preferred fuel for a quarter of the industry, having between 150 and 200 hydrogen supply points on the roads and that between 5,000 and 7,000 light and heavy vehicles powered by hydrogen circulate on them

Renewable energies are part of Cepsa’s 2030 strategy, called ‘Positive Motion’, through which the company wants to become a leader in mobility and sustainable energy in Spain and Portugal, and be a “benchmark for the energy transition” .

New Endesa plant

On the other hand, Endesa X, Endesa’s energy services subsidiary, has reported that it will build a solar plant with a total power of 2.2 MWp for the Colorobbia Group, specialized in the production of raw materials and semi-finished products for the sector. ceramic, glass and other sectors.

The plant will be located at the company’s facilities in Vilafamés, in the province of Castellón, and will have 3,367 photovoltaic modules that will be installed on the flat roof of the 15,500-square-meter building. The large plant will manage to reduce the carbon footprint by 734 tons of CO2 per year, the equivalent of the absorption capacity of 40,370 trees/year.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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