BayWa r.e. inks solar offtake with Velux Group

Nov 15, 2022 01:18 PM ET
  • PPA covers 80% of output from two PV plants in southern Spain with remaining 20% exported to the grid
BayWa r.e. inks solar offtake with Velux Group
Image: BayWa r.e.

BayWa's renewables company has signed a renewables power purchase agreement (PPA) with windows manufacturer Velux Group.

The dual-site PPA in between BayWa r.e. and also Velux will begin supplying the roofing window producer's European procedures with 100% renewable electricity by 2024.

The PPA will certainly sustain the development of 2 new solar parks in southern Spain, one near to Seville and the various other near Granada.

The latter, called Alhendín solar park, consists of BayWa r.e.'s initial installation of agri-PV innovation in Spain, which will certainly allow for crops growing in-between the photovoltaic panels.

The plants will certainly be grid linked in 2023 and also 2024, with 80% of the electricity produced by the plants supplied to Velux, with the remaining share to be exported to the grid.

Commenting on the project, Lars Petersson, Chief Executive Officer of Velux Group, said: "Velux has constantly been about bringing daylight right into people's lives, and also now we are extremely excited to apply making use of daylight, or more especially solar energy, to decarbonise our operations with renewable resource in the coming years.

" In our firm, we have actually devoted ourselves to eliminate the climate crisis as well as show sustainable management.

" As well as with this agreement, we are well on our means to attaining our go for a 100% decrease of our emissions from operations by 2030."

The development of both solar plants will certainly include an extensive strategy and also community and ecological procedures that will boost regional biodiversity as well as foster community participation.

To make sure that the parks will always prioritise their regional setting as well as communities, BayWa r.e. will be partnering with nearby colleges-- particularly Universidad Autónoma de Madrid and also Universidad de Córdoba-- to form an interdisciplinary research group whose findings will inform a detailed and bespoke site technique.

"This project is so interesting because it flawlessly symbolizes the synergies in between new solar generation, Agri-PV, community partnerships and also biodiversity.

"It additionally underlines our deep dedication to sustainability campaigns," stated Matthias Taft, BayWa r.e.'s chief executive officer.

Source:
renews.biz

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