Business

ACCIONA Energía is already the world’s seventh largest operator in terms of owned installed onshore wind capacity, excluding operators in China (according to IHS Markit), with a total of 8,751 MW.

In addition, ACCIONA Energía remains strongly committed to offshore wind technology and to bolster its capabilities. In 2022, it became the first Eolink shareholder, a start-up that has developed a pyramidal floating platform capable of orienting itself according to the wind direction, therefore optimizing costs and maximizing performance.

ACCIONA Energía is now positioned as a leading international player, with 1,892 MW of photovoltaic owned. In 2022, among other milestones, a rapid deployment was made to build the Red Tailed Hawk PV plant (460 MWp) in the United States, where the company already has more than 1,300 MW under construction.

ACCIONA Energía has extensive experience in this technology, with operating assets that are more than 100 years old. It currently operates 868 MW, including an 89 MW reversible plant. We currently own 75 hydroelectric power plants located in several river basins in Spain.

ACCIONA Energía already has 61 MW in three pioneering biomass plants in Spain and 64 MW in a solar thermal plant in the United States. In Spain, after having won the tender organized in 2022 by the Ministry for Ecological Transition and the Demographic Challenge, the company will build a new 50 MW biomass plant in the municipality of Logrosán (Cáceres), whose construction will began in 2023.

ACCIONA Energía is known for having one of the largest portfolios of long-term power purchase agreements (PPAs) worldwide. In 2022, the company closed the third largest number of clean energy contracts with corporations globally.

ACCIONA Energy is now recognised as a pioneer in Spain in the grid integration of storage in wind and photovoltaic plants. In 2022 it signed an agreement with Qcells to acquire a portfolio of more than 1 GW of battery energy storage in the United States and a project, Cunningham (190 MW), which will be the largest on the Texas grid and will come on line in the first quarter of 2023.

In 2022, ACCIONA Energía inaugurated the first renewable hydrogen industrial plant in Spain (in Lloseta, Mallorca), thus becoming a European benchmark as the first hydrogen ecosystem encompassing the entire value chain. At the same time, in Spain and Portugal, the ACCIONA Plug joint venture continues to make progress in the pursuance of a broad electrolyzer portfolio.

The company designs and invests in solutions that optimize and reduce the energy consumption of public and private customers.

In 2022, the company entered the French market and started operations in Gijon, in what has been the largest energy services contract tendered in Spain to date, thus consolidating its leadership in energy services.

ACCIONA’s electric mobility business has grown significantly within the electric charging industry in Spain, with a strategic focus on urban, interurban, and corporate charging. The business now has more than 27,000 registered users. In 2022, the company launched the Vehicle-To-Grid (V2G) project in the Balearic Islands, the first bidirectional electric vehicle charging network in Spain.

ACCIONA Energía remains very active in the development of new optimization models for renewable generation, expansion of the offer to customers and launch of key technological niches. In addition to green hydrogen, storage, electric vehicle, and circular economy solutions, following an innovation plan based on the study of the industry’s cutting-edge technological trends.

In 2022, ACCIONA Energía recycled 98% of the waste generated through its circular economy programs, which was almost 1% more than the previous year.

By 2030, around 50,000 turbines are expected to reach the end of their life cycle in Europe, so the goal is to provide a comprehensive wind farm decommissioning offer.