local case study
SpainVERBUND Solar Park Pinos Puente is a PV project located in Pinos Puente, near the province of Granada in Spain.
The project which has been financed and constructed by BayWa r.e. has three PV sections designed to generate a total power output of 147,6 MWp. The PV plant started construction operations in May 2021 and it was commisioned in September 2022.
The project is part of a Virtual Power Purchase Agreement (VPPA) that BayWa r.e. signed in 2020 with AB InBev, Europe's largest beer brand. Through this 10 year-agreemet, AB InBev is supplied with 100% renewable electricity from VERBUND Solar Park Pinos Puente and Archidona, another solar power facility with a capacity of 50 MWp that BayWa r.e.developed in Málaga in the south of Spain.
It is the largest Pan-European corporate solar power deal ever made in history, covering 14 breweries in Western Europe and more than 50 brands across 12 countries - the shift is a significant development for the company, which brews 55 million kegs of Budweiser a year and five million bottles a week.
In November 2021, BayWa r.e. sold the project to Verbund, Austria's leading energy company and one of Europe's largest generators of hydropower electricity.
Nowadays, VERBUND Solar Park Pinos Puente produces enough energy to supply the equivalent to 670,000 European households or 100,000 football matches and save around 188,204 tons of CO2 per year.
