14 JUN 2024

Iberdrola España and Urba Medina promote the largest Solar Community in Castilla y León

  • The new installation − the Company's first in Medina del Campo and the sixth to be marketed in Castilla y León − will be located on the roof of this Valladolid company and will prevent the emission of around 2,540 tonnes of CO2 into the atmosphere over the next 30 years

  • In addition to reducing the cost of the construction company's electricity bill, residents within a radius of 2 kilometres will be able to benefit from the advantages of renewable self-consumption − without any installation or investment

  • This initiative reflects the commitment to sustainability and energy transition of both companies

Iberdrola España and Urba Medina S.L. are joining forces to promote a pioneering solar community in the Valladolid town of Medina del Campo − so far the Company's largest in Castilla y León in its commitment to sustainability and energy transition.

The new installation, Iberdrola España's first in Medina del Campo and the sixth to be marketed in Castilla y León, will be located on the roof of the construction company and will prevent the emission of around 2,540 tonnes of CO2 into the atmosphere over the next 30 years.

In addition to reducing the cost of the electricity bill of the Valladolid company, residents within a radius of 2 kilometres will be able to benefit from the advantages of renewable self-consumption − without any installation or investment.

This form of community self-consumption allows users to share the 100% renewable energy generated from a single photovoltaic installation located near their home; in this case, on the construction company's roof. 

Iberdrola España is investing in this installation, consisting of 730 solar panels, and the total power will exceed 335 kilowatts (kW), which is enough to produce around 460 megawatt hours (MWh) annually. 

Thanks to this solar community, some 670 families will be able to participate in it and save on their electricity bills by consuming part of the energy produced by this installation locally. Urba Medina − a pioneer company in the construction of a renewable installation of these characteristics − will be able to cover up to 40% of its electricity consumption.

Furthermore, as a result of its commitment to self-consumption, Iberdrola España has improved the remuneration of its customers' surpluses and, thanks to innovation in energy products, self-consumers with Iberdrola España plans are able to value their surpluses beyond the energy term − making it possible to have a bill of €0.

"This pioneering initiative is a very important milestone that marks Iberdrola España's commitment to innovation in energy solutions, sustainability and commitment to the areas in which we operate by making self-consumption available, in this case, to 670 families in Medina", said Celiano García, Iberdrola España's Commercial Director in Castilla y León.

Urba Medina’s owner stresses that "this decision not only represents a step forward in terms of environmental responsibility, but also has significant benefits for the planet. Projects like this one not only means lower costs for companies and customers, but also raises awareness of renewable energies. I encourage all those facilities, whether they are companies or residents' associations, to consider their implementation in order to achieve a sustainable city and contribute to achieving the goals set out in the 2030 Agenda by the United Nations".

Leader in self-consumption

 

Iberdrola España leads the photovoltaic self-consumption market in Spain, managing 40% of the country's self-consumption customers. As part of its commitment to accelerating the energy transition and developing new products to improve efficiency and energy savings, in 2015 the Company became the first company in its sector to integrate self-consumption solutions into its range of services.

The collective self-consumption solutions developed by Iberdrola España have made self-consumption available to any customer − whether or not they have their own roof. Customers in this segment also benefit from the Solar Plan, a competitive electricity tariff during the hours when there is no sun, which is when they need to consume energy from the grid, as during the day they self-supply from their own installation. 

Self-consumption solar systems can save 30% on annual bills in the case of residents' associations; 50% for companies and businesses; and up to 70% in single-family homes. These savings are produced in three ways: the energy produced by the installation that the user does not have to buy, the compensation for the surplus energy not consumed, which is fed into the grid, and savings due to lower taxes.

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