Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […]
Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […]
SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […]
US-based Repsol has completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW and 570 MW currently in operation. The Frye Solar project was built near the city of Kress, Swisher County, Texas. Frye Solar is comprised of almost one million solar panels. Repsol […]
The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […]
The first phase of Repsol, Ibereólica Renovables initial joint solar project in Chile is now operational and has begun to provide electricity to the grid. The said project is a joint venture between Repsol and the Ibereólica Renovables Group. The Elena photovoltaic plant, a result of the JV, now boasts of 76.8 MW of installed […]
Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […]
Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […]
Spanish multinational energy firm Repsol has purchased 250 MW of renewable assets from German developer ABO Wind in Spain that come in the face of three wind farms and two solar plants. With the acquisition of these projects, the renewable portfolio of Repsol in Spain now totals 3,200 MW. The three wind farms, totalling 150 […]
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