Renewable energy platform Matrix Renewables has announced the launch of commercial operations of Rocío PV projects in Spain.
The Rocío 1, 2 and 3 solar plants projects have a total capacity of 129 MW. The projects are located in the province of Huelva in Andalusia.
According to the company, it is the second project of Matrix to become commercially operational in Spain. This project is expected to generate clean electricity equivalent to around 78,500 households annually. It will be avoiding emissions of over 93,000 tons of CO2-eq annually.
The company further stated that this project will be its first project in Spain that consists of a collocated battery storage system.
Furthermore, H&M Group has already inked a multi-year PPA for the projects.
As per Luis Sabaté, President and COO, Matrix Renewables, "2023 has been an extraordinary year for Matrix and the Rocío PV project marks a key milestone in our growth, as well as consolidation and projection in the renewable generation market.”
The company has also pledged to continue generating clean renewable energy.
"It is great to see the solar parks of Rocío, in Andalucía, becoming a reality. Renewable energy plays a crucial role in our climate roadmap to reduce our carbon footprint and achieve net-zero by 2040. In addition to getting closer to meeting our ambitious goals, power purchase agreements like these enable increasing the availability of clean energy in the country," Ulrika Leverenz, Head of Green Investment of H&M Group, was quoted in a statement.
To be noted, Matrix Renewables has a portfolio of 12.2 GW of renewable energy projects, storage and green hydrogen projects spread across Europe, North America and Latin America.