In a significant stride towards sustainable energy development, TotalEnergies has obtained a favorable Environmental Impact Assessment from the Spanish authorities for its expansive solar power projects in the country. The approved projects are expected to add an estimated 3 GW of installed capacity to Spain's renewable energy landscape.
TotalEnergies plans to develop 48 power plants across various regions in Spain, including Madrid, Murcia, Castilla-La Mancha, Andalusia, and Aragon. These projects will have a combined installed capacity of 1.9 GW in the Madrid region, over 350 MW in Murcia, more than 300 MW in Castilla-La Mancha, 263 MW in Andalusia, and approximately 150 MW in Aragon. The first projects are scheduled to commence operations in early 2024.
Once operational, the solar plants will collectively generate around 6,000 GWh of clean energy annually, fulfilling the electricity demand of nearly 4 million people. Moreover, they will play a significant role in mitigating climate change by preventing the emission of approximately 50 million tons of CO2 throughout their lifespan.
TotalEnergies is committed to conducting socially and environmentally responsible projects. As part of its efforts, the company will implement a range of compensatory measures, including bird marking for behavior monitoring, dedicating 400 additional hectares to conservation efforts, and allocating 1.5% of plant production for electricity bill discounts for local residents. Additionally, TotalEnergies will provide training in construction, operation, and maintenance to residents in surrounding municipalities.
Expressing his enthusiasm, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, emphasized the company's dedication to promoting renewable energy in Spain. With 2 million residential and business customers in the country, TotalEnergies recognizes the significance of this favorable environmental impact assessment as a crucial step forward. Pouyanné highlighted that the solar farms' development will contribute substantially to Spain's energy transition, providing power equivalent to the entire population of the Madrid community. Furthermore, these projects align with TotalEnergies' global target of achieving 100 GW of gross renewable installed capacity by 2030.
TotalEnergies takes pride in its contribution to Spain's renewable energy objectives, aiming to support the country in obtaining 70% of its electricity from renewable sources by 2030 and achieving 100% renewable energy by mid-century. Through these solar power projects, TotalEnergies solidifies its commitment to sustainable energy practices while driving the transition towards a greener and more sustainable future.