Uriel Renovables builds solar plant for Eli Lilly in Puerto Rico

Spanish renewables developer Uriel Renovables said on Monday that it has inaugurated a 2.87-MW solar photovoltaic plant in the city of Carolina in Puerto Rico on behalf of US pharmaceutical group Eli Lilly And Co (NYSE:LLY).

The plant, made up of more than 6,400 solar panels, is paired with a 240-kW/110-kWh battery system, which enables the project to meet all grid code requirements. The panels are mounted on fixed structures to be able to withstand winds of over 160 miles per hour (257.5 kmh) and survive Puerto Rico’s frequent hurricanes, the renewables firm said.

The solar plant operates as a self-consumption system and will generate more than 4,600 MWh of electricity per year for Lilly’s factory on the island.

The installation comes on top of more than 600 MW of renewable energy projects that Uriel Renovables developed worldwide and is part of the company's strategy to supply private sector customers through long-term energy sales contracts, Uriel Renovables’ president Ignacio Huarte said in a prepared statement.

Uriel Renovables is part of Spanish business group Uriel Investments, which is owned by the Huarte family.

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