According to a statement sent by Galp, this operation includes several long-term Power Purchase Agreements (PPA), which have underlying solar power generation projects of around 200 MW and are in the final stages of development in Spain, covering a total notional amount of 358 Gigawatt-hours per year over a period of 12 years.

According to Galp, this energy will be enough to supply 140,000 homes and will represent an annual reduction of 19,000 tons of CO2e emissions per year.


Solar energy from Spain will be allocated to Galp’s electricity marketing activity starting in June 2020.


“This agreement is part of Galp’s strategy, as an integrated Iberian energy company, to ensure balanced and competitive supply sources for its electricity distribution activities, providing its customers with access to efficient and environmentally sustainable energy solutions”, clarifies the statement.