Tuesday, 21 December 2021
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BayWa r.e. and Huhtamaki, a leading global provider of sustainable packaging solutions, have signed a 10-year Virtual Power Purchase Agreement (VPPA) for two new solar projects in Spain.
The agreement for 200 GWh per year of green power will cover approximately 80% of Huhtamaki’s electricity needs in Europe and is equivalent to an annual saving of over 89,000 tons of CO2.
Construction of the two projects in Southern Spain, which have an aggregate capacity of approximately 135 MWp, will commence by the second half of 2022, with planned start of energy delivery to Huhtamaki in Q3 2023.
Matthias Taft, CEO of BayWa r.e., commented:
“Supporting Huhtamaki on its journey to achieving the company’s sustainability goals represents another important milestone in BayWa r.e.’s own commitment to...
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