# Iberdrola to build 100MW solar PV plant for SABIC's Cartagena polycarbonate facility

Iberdrola will invest approximately €70 million to construct a 100MW solar PV facility with 263,000 panels to power SABIC's polycarbonate plant in Cartagena, Spain, under a 25-year power purchase agreement. The solar plant is expected to be fully operational by 2024.

- Type: Contract
- Announced: 2020-07-31
- Where: Cartagena, Spain, Spain
- Value: $82.0M (70.0M EUR)
- Status: announced
- Capacity: 100 MW solar PV
- Products: polycarbonate, solar photovoltaic electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Iberdrola](https://endata.com/companies/3003.md) (supplier)
- [SABIC](https://endata.com/companies/3200.md) (customer)

## Sources

- [industryeurope.com](https://industryeurope.com/sectors/energy-utilities/sabic-plant-in-spain-to-go-100-renewable-in-world-first/), 2020-07-31: "This deal sees Iberdrola – among the largest electricity utility companies – invest approximately €70m to construct a 100MW solar PV facility with 263,000 panels."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.