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Spain's Acciona signs PPA with salt producer K+S in Chile

Almeyda solar park in Chile. Image by Acciona (www.acciona.com)

February 27 (Renewables Now) - Spain’s Acciona SA (BME:ANA) will supply 100% renewable power to Chilean salt producer K+S Chile SA on the basis of a recently signed long-term power purchase agreement (PPA).

The Spanish company said Wednesday that the PPA will cover the customer’s industrial operations and facilities across Chile, including a salt mine, milling, processing and packaging plants and shipping ports.

Thanks to the agreement, K+S, a unit of German salt producer and potash supplier K+S AG (ETR:SDF), will be able to avoid emissions of around 6,400 tonnes of carbon dioxide (CO2) each year for an undisclosed period.

The Spanish power producer will back the PPA with its renewable energy capacity in Chile where it has 536 MW in operation and 148 MW under construction. The latter corresponds to the 84-MW Tolpan Sur wind project and the 64-MWp Usya photovoltaic (PV) project which are slated for commissioning sometime in 2020.

The PPA with K+S is the seventh such contract for Acciona in Chile, the company said.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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