Repsol completes the construction of Frye Solar in the United States, its largest solar plant [Yahoo! Finance]
REPSOL SA SP/ADR (REPYY)
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Source: Yahoo! Finance
The facility has a long-term power purchase agreement (PPA) associated with it. Repsol is already operating two other solar power plants in the United States , both in New Mexico – Jicarilla 1 and 2 – with a total 125 MW of installed capacity and 20 MW of battery storage. Repsol expects to achieve 3-4 GW of installed renewable capacity in the U.S. by 2027. MADRID April 11, 2024 /PRNewswire/ -- Repsol has completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW and 570 MW currently in operation. Located in the United States , the Frye Solar project was built near the city of Kress Swisher County, Texas Frye Solar is comprised of almost one million solar panels. Repsol has already signed a long-term power purchase agreement (PPA) for 89% of the output from this project as part of its strategy to lock in returns for this type of asset. "Repsol views completion of our largest U.S. renewable facility to d
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