Iberdrola signs solar PPA in Italy
Iberdrola and Italian retail group Pam Panorama have signed a solar power purchase agreement (PPA).
Image for illustration purposes.
Italy: Iberdrola and Italian retail group Pam Panorama have signed a solar power purchase agreement (PPA). Starting from January 2026, the 10-year PPA will supply the retail and point-of-sale operations of the Pam, Panorama, Pam local and Pam City brands.
By the end of this year, Iberdrola will have an installed capacity of roughly 400 MW in the country, with the imminent inauguration of its third operational plant and the completion of the construction of four other solar projects.
“We are proud to support partners like Pam Panorama in choosing energy solutions oriented towards a more sustainable and environmentally friendly future. The agreement represents the implementation of Iberdrola’s strategy to prioritize the marketing of renewable energy to industrial partners, offering flexible and advantageous solutions for leading customers in their sector,” said Lorenzo Costantini, Commercial Director of Iberdrola Italia.
Alessandro Riolfo, Technical Director of Pam Panorama, added: “The agreement with Iberdrola represents a concrete step in Pam Panorama’s sustainability journey. Our commitment to reducing environmental impact translates into strategic choices that combine innovation, efficiency and responsibility.”
Source: renews.biz
#Iberdrola#Italy#Power purchase agreement#PPA#Renewables#solar power
