Equinix to back five new solar farms

Equinix to back five new solar farms

Equinix, a digital infrastructure company, has significantly increased its backing of renewable power projects with the addition of five new long-term virtual Power Purchase Agreements (PPAs) in Spain totalling 225MW. Once operational in 2025, the projects are expected to generate more than enough power to match consumption at Equinix’s International Business Exchange (IBX) data centres in Madrid, Barcelona and Seville.

The five new projects, along with existing projects, will bring Equinix’s contracted PPA capacity to 595MW globally, which is estimated to generate nearly 2 million MWh annually. 

The geography of Spain offers solar radiation levels higher than those recorded in other parts of Europe. Furthermore, Valladolid, Lérida, Granada and Segovia, where the new projects are planned, have an average solar radiation value above other geographical zones within Spain.

The projects will be managed by Madrid-based IGNIS, an integrated renewable energy group involved in the entire value chain, from development to operation and energy solutions. IGNIS has participated in the development of a portfolio of more than 20GW of renewable projects in Europe, the US, Latin America and Asia, currently managing an operational portfolio of more than 4GW of different generation technologies. Schneider Electric, a leading global advisor on corporate renewable energy procurement, supported Equinix in project selection and contract negotiations.

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