In Spain, Cepsa and Grupo Ibereólica Renovables have signed an agreement that will enable Cepsa to support renewable electricity supply in the long term for its green hydrogen generation plants, located in the company’s Energy Parks in Andalusia, as well as for its network of service stations. This renewable energy will come from a portfolio of up to 5 GW projects, mainly wind, which are being developed by Grupo Ibereólica Renovables and are at an advanced stage of planning.
The agreement reinforces the viability of Grupo Ibereólica Renovables’ projects by considering the long-term sale of electricity from these projects, which are in development in the provinces of Burgos, Palencia, Valladolid, Zamora, Ávila, and Cáceres and are expected to be ready in 2026. Specifically, these 9 wind, 4 photovoltaic and 2 hybrid projects would generate an annual energy equivalent to the consumption of more than 4 million homes and would prevent the emission of 5.5 million tons of CO2 per year.
The significant importance of wind energy in Grupo Ibereólica Renovables’ portfolio optimizes the access to renewable energy for Cepsa’s green hydrogen projects, as the wind production curve is complemented by the solar farms developed by Cepsa. The company now has 17 photovoltaic projects under development in Castilla-La Mancha, Andalusia, Extremadura, and the Community of Madrid, with a capacity of 2.1 GW, of which 1.1 GW is already connected to the grid and has an environmental impact statement (EIS) and prior administrative authorization.
