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Energy market
Spain solar PPA: lowest prices in Europe (€48/MWh)
With 32 GW of solar installed, Spain has become Europe's data-center PPA eldorado. Andalusia curtails 12 TWh/year, driving 10-year solar PPAs down to €48–60/MWh. AWS, Microsoft and Meta are rushing in.
TSO
Red Eléctrica de España (REE)
Annual surplus
12 TWh
PPA price
48–60 €/MWh
Capital
Madrid
Surplus hotspots
- ●Andalucía (solar)
- ●Extremadura (solar)
- ●Castilla-La Mancha (solar + wind)
- ●Galicia (wind)
Data center hubs
- ●Madrid (MAD1–4)
- ●Barcelona
- ●Aragón (AWS region)
- ●Zaragoza
Frequently asked questions
Why is solar PPA so cheap in Spain?+
Solar LCOE of €28–34/MWh (lowest in Europe) + structural surplus = strong producer-side competition.
What PPA size can be signed in Andalusia?+
Parks listed on Voltarione range from 50 to 250 MW each, aggregatable up to 1 GW.
AWS Aragón: what procurement strategy?+
AWS has signed 2.5 GW of long-term solar PPAs in the region, mostly with Iberdrola and Endesa.
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