Capital Energy buys wind power from Statkraft

Wind Industry Profile of

The agreements will last up to 10 years and provide for the sale to Statkraft of all energy produced by three Capital Energy wind farms with a combined installed capacity of 126 megawatts (MW).

Capital Energy, a Spanish energy company founded in 2002, has just signed its first Power Purchase Agreements (PPAs) in Spain with Statkraft. In total, these PPAs will involve the sale of 1.2 terawatt hours (TWh), equivalent to the electricity consumption of around 500,000 households per year.  Simon Kornek, Vice President South European Origination at Statkraft, commented: ““The renewable PPAs with Capital Energy once more underpin the important role of private PPAs in supporting the decarbonisation of the electrical system in Spain. These PPAs... ... More: Official Press Release Statkraft

Keywords:

Statkraft, Capital Energy, PPA, Spain, wind power, electricity, wind farm, terrawatt hours, household, renewable energy