Acciona Energía installs 1.56 MWp solar PV system for Graftech in Ororbia, Navarra, under a 15-year on-site PPA

Acciona Energía has announced the installation of a 1.56 MWp self-consumption solar photovoltaic system for Graftech's production facility in Ororbia, Navarra, under a 15-year on-site Power Purchase Agreement (PPA). This deal, structured as an "energy as a service" model, will see the system generate an estimated 2 GWh annually, directly supplying Graftech's operational needs. For Graftech, this represents a strategic move towards energy cost stability and decarbonization through direct renewable energy consumption, while for Acciona Energía, a global renewable operator, it expands its distributed generation portfolio and reinforces its presence in the corporate PPA market. This transaction is notable for several reasons. It highlights the increasing adoption of long-term on-site PPAs by industrial consumers seeking reliable and sustainable energy solutions, leveraging the expertise of established renewable developers like Acciona Energía. The 1.56 MWp capacity, while not utility-scale, is significant for an industrial self-consumption project, demonstrating a commitment to substantial on-site renewable integration. The deal also underscores the growing momentum in the Spanish market for corporate renewable energy procurement, driven by favorable regulatory environments and a strong business case for reducing operational energy costs and carbon footprints.