BayWa r.e. lands 62GWh Nestlé PPA

• Food giant's Spanish and Portuguese operations will be powered by new solar project

The renewables arm of BayWa has actually has authorized a 10-year PPA with Nestlé, the globe's largest food and also beverage company, with power provided from a new solar project in main Spain.

The agreement will enable BayWa r.e. to develop a new solar park which will generate 62GWh of energy annually to power Nestlé's operations in Spain as well as Portugal.

Nestlé's head of sustainability in Spain as well as Portugal Arnau Pi claimed: "With BayWa r.e. as a relied on partner, the signing of this PPA is an additional significant milestone on our path in the direction of net zero emissions.

" The fight against climate change can not wait as well as this agreement is a step in the direction of achieving this goal.

" We hope that activities like these will not only have a significant impact on the planet but likewise influence change."

Situated near Ciudad Real in Castile-La-Mancha, Spain, the 50MW Picón solar park is anticipated to be commissioned in Q1 2023.

The energy that will be generated from the new solar plant, amounts a yearly conserving of over 70,000 tonnes of carbon dioxide, as well as sufficient electricity to power 25,000 homes, BayWa r.e. said.

BayWa r.e. head of PPA for Iberia, Germany and France Patrick Schmidt-Bräkling said: "Progressing the corporate energy transition is an essential part of meeting worldwide climate targets.

" We are excited to be making this outstanding 50MW solar park a fact while additionally making an important contribution to the region's very own energy transition."

BayWa r.e. global supervisor of energy options Andrea Grotzke included: "As a growing number of organizations from a selection of markets aim to source renewable energy to meet sustainability goals, it is necessary that they determine the very best combination of measures to meet their distinct demands.

" We delight in to be sustaining Nestlé as the company increases its consumption of green energy through the adoption of a solar PPA."

BayWa r.e. has actually spoken with carefully with local stakeholders throughout the growth of the Picón solar project, which commenced in 2017, and regional landowners are fully supportive of the journey to operation, it claimed.

Both parties are dedicated to protecting and also promoting biodiversity during the remainder of construction of the project as well as throughout its operation.