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Solaria Secures 10-Year PPA with Trafigura for Spanish Solar Project

Story Highlights

Solaria Energia y Medio Ambiente ( (ES:SLR) ) has provided an announcement.

Solaria has finalized a 10-year power purchase agreement with Trafigura for 1TWh of energy, linked to a 50 MWp solar project in Spain. This agreement strengthens Solaria’s position in the renewable energy market and demonstrates its commitment to expanding solar energy production, potentially impacting stakeholders by enhancing the company’s operational capacity and market reach.

More about Solaria Energia y Medio Ambiente

Solaria Energía y Medio Ambiente, S.A. operates in the renewable energy industry, focusing primarily on solar energy projects. The company is involved in the development, construction, and management of solar power plants, with a market focus on sustainable energy solutions.

YTD Price Performance: -15.40%

Average Trading Volume: 14,524

Technical Sentiment Signal: Buy

Current Market Cap: €843.4M

For a thorough assessment of SLR stock, go to TipRanks’ Stock Analysis page.

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