Developing renewable energies

Our renewable assets

We have 12 hydropower plants, 6 wind, and 7 solar projects. We also continue to develop renewable projects in Spain, Italy, Chile, and the United States. In this way, we plan to continue our international expansion to become a global operator, with a generation capacity of between 9-10 GW by 2027.

+3,117

of renewable capacity in operation

9-10

is our goal for 2027

Advancing toward our goal of becoming a global player in renewable energy

The creation of a joint venture in Chile with Grupo Ibereólica Renovables gives us access to a portfolio of projects in operation, construction and development of more than 1.6 GW until 2025 and the possibility of exceeding 2.6 GW by 2030.

See press release >

Repsol has also signed an agreement to acquire 40% of Hecate Energy, a US-based company specializing in photovoltaic and battery storage projects.

Discover more about Hecate Energy >

More recently, the company has begun to produce electricity at our first US photovoltaic plant, Jicarilla 2, located in Rio Arriba County in New Mexico.

More on Jicarilla 2 >

Repsol has completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW and 570 MW currently in operation in the United States.

Learn about Frye Solar >

We are a major player in the Spanish electricity and gas market

Thanks to our low-emissions assets and a well-established customer portfolio, we have consolidated ourselves as a global multi-energy provider and leading player in electricity and natural gas in Spain with more than 2.3 million customers. We offer innovative solutions such as individual or shared self-consumption of renewable energy. Additionally, Repsol is a leading retail supplier of liquefied petroleum gas (LPG), with 4 million customers in Spain, and one of the top operators in Portugal.

Learn about our electricity and gas offer >