Spain: Clean Energy Targets First Large-Scale Chemical Facility to Be Fully Powered by Renewable Energy
A polycarbonate facility operated by Sabic in Cartagena, Spain, is set to become the world’s first large-scale chemical production site to be run entirely on renewable power, following the signing of a major agreement.
Cartagena/Spain — A chemical plant run by Sabic in Caragena is to become the world`s first of its kind to operate on 100 % renewable power. A deal signed in this respect, will see Iberdrola, one of the world’s biggest electricity utility companies, invest almost $ 83 million to construct a 100 MW solar PV facility with 263,000 panels, on land owned by the chemical company, making it the largest industrial renewable power plant in Europe. The plant is expected to be fully operational in 2024.
The 25-year deal represents another step in the company’s plans to transition all its global operations to cleaner energy. The group’s aim is to have 4 GW of either wind or solar energy installed for its sites globally by 2025, rising to 12 GW by 2030. In 2019, solar panels were installed at sites in India and Thailand, helping reduce greenhouse emissions by 200 tons, and the company's Home of Innovation in Riyadh, Saudi Arabia has been completely solar-powered since 2015.
Plans are also underway to install PV technology at the company’s global HQ in Riyadh, and a final-stage feasibility study with Marafiq and the Royal Commission for Jubail and Yanbu is underway to explore a $ 300 million, 300-MW solar array project on the western coast of Saudi Arabia. Once complete, Sabic plans to take the electricity generated by the plant and deliver it to local chemicals manufacturing plants.