Exolum has commissioned two new photovoltaic projects for its own energy consumption which will enable the company to reduce its emissions and energy costs.
One of these photovoltaic facilities has been built in Exolum’s plant located in Algeciras. The project consists of three phases and, once completed, it will produce useful power for self-consumption of over 220 MWh, thus ensuring the supply of 100 percent renewable energy equivalent to approximately 14 percent of the total power consumed at the facility. Electricity consumption is the main source of the company’s emissions and energy supply from this new renewable solar energy plant will prevent the release of approximately 27 tonnes of CO2 into the atmosphere every year. The final phase for the construction of the photovoltaic project in Algeciras is expected to be completed during the last quarter of 2023.
Exolum is also carrying out the extension of its photovoltaic plant in Barcelona, which will have a final power for self-consumption of 96.63 MWh. The project covers an area of 186 square metres and will prevent the emission of over 13 tonnes of CO2.
Both projects are part of the actions carried out within the reference framework of Good Environmental Practices at Algeciras and Barcelona Ports.
Likewise, the construction of a new photovoltaic plant for self-consumption is planned at its facility in Huelva, in addition to two new solar plants at its facilities in Poblete and Arahal. These projects will make it possible to produce approximately 10 percent of the company’s total energy consumption in Spain with solar energy.
Exolum’s commitment to decarbonisation
The construction and operation of clean energy producing plants is part of Exolum’s sustainability strategy aimed at becoming a zero-emissions company by 2040, in line with the Paris Agreement of December 2015 (COP 21) and the Sustainable Development Goals (SDG).
In this regard, these two new projects represent the reinforcement of the network of solar energy self-consumption plants owned by Exolum. The company also analyses alternatives to continue reducing its emissions, such as the incorporation of new technological developments, the signing of renewable PPAs and the diversification of energy supply sources ensuring they are emission-free.
As part of its commitment to sustainability, the company has invested over 32 million euros in environmental projects in Spain over the last three years, particularly focusing on reducing CO2 emissions and ensuring equipment and facility integrity, as well as the efficiency of its operations to improve environmental protection.
Aiming at strengthening its commitment to renewable energies and the energy transition, reducing emissions and promoting clean and sustainable operations, Exolum is implementing initiatives for the development of eco-fuels, green hydrogen and the circular economy.
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