(Montel) IB Vogt has signed a 12-year Spanish solar power purchase agreement (PPA) with Google for 149 MW capacity, the German developer said on Thursday.
Construction of the Garnacha plant in Zamora, northwest Spain, began in September, with commercial operation scheduled for October 2023.
The project would have an output of 300 GWh/year and has received EUR 90m long-term financing from Norddeutsche Landesbank Girozentrale and Santander Corporate & Investment Banking.
It would help Google’s Spanish cloud region and offices to “operate on carbon-free energy nearly 90% of the time” by 2025,…
