Ørsted is now establishing an onshore business in Spain by entering four partnerships with Glide Energy, Rolwind, Arba Energías Renovables, and Ereda, respectively, that will support project development and services.
The short-term aim of the partnerships is to develop onshore wind and solar PV projects in Spain that allow Ørsted to participate in the upcoming Spanish grid auctions expected mid-2022 and put in bids for rights to develop a multi-GW pipeline solar and wind energy across Spain. The longer-term goal is to develop large-scale onshore wind, solar PV, and storage projects that can be commercialised through either government auctions or the growing market for corporate power purchase agreements.