Near Seville, in southern Spain, TotalEnergies has taken a new step in its low-carbon strategy with the inauguration of its largest solar power plant on the European continent. Named Guillena, this solar field has an installed capacity of 263 megawatts (MW) and will be able to cover the electricity needs of more than 150,000 Spanish households.
According to estimates from the French group, this installation will produce 515 gigawatt-hours (GWh) of renewable electricity each year, while avoiding the emission of 245,000 tons of CO₂ annually. This will strengthen Spain’s green trajectory, which aims to achieve 80% renewable energy in its electricity mix by 2030, as Olivier Jouny, director of renewable energies at TotalEnergies, reminded.
A structuring project based on long-term contracts
The majority of the electricity produced by the Guillena plant will be marketed through PPAs (Power Purchase Agreements), these long-term purchase contracts that guarantee a fixed price for industrial or tertiary clients seeking predictability and carbon neutrality. The remainder of the production will be injected into the Spanish wholesale market.
This hybrid model allows TotalEnergies to secure its revenues while meeting the growing demands of European companies and communities for clean energy.
A strengthened presence in the Spanish market
With this operation, TotalEnergies confirms its foothold in the Iberian market, where it is now among the main players. The group is currently the fourth largest supplier of electricity and gas in Spain, with a portfolio of over 2 million customers, both individuals and professionals.
This expansion is part of the group’s overall strategy to become a global leader in renewable energies, while diversifying its sources of revenue internationally.