Clearvise's Solar Power Deal with Tokai COBEX in France

• Clearvise AG secures first corporate PPA with Tokai COBEX Savoie, supplying green power from Chassiecq solar park in France for 11 years. A milestone in sustainable energy partnerships.

German independent power producer Clearvise AG has secured a deal to supply green power for the French operations of Japanese carbon and graphite fibre products maker Tokai COBEX Savoie. This marks Clearvise's first corporate power purchase agreement (PPA) and will last for 11 years. The agreement involves supplying the entire generation of the 36.4-MW Chassiecq solar park in southern France to Tokai COBEX, with an estimated annual output of over 47 GWh.

The solar park is set to be connected to the grid by the end of the year and will support Tokai COBEX's sustainability program and efforts towards sustainable development. Clearvise CEO Petra Leue-Bahns stated that this agreement is a significant milestone in the company's portfolio strategy, as they aim to expand their generation portfolio to meet the electricity needs of industrial customers. This partnership highlights the growing trend of corporate PPAs in the renewable energy sector.

What is Clearvise AG's first corporate power purchase agreement with Tokai COBEX Savoie?

• Clearvise AG's first corporate power purchase agreement is with Tokai COBEX Savoie, a Japanese carbon and graphite fibre products maker.
• The agreement will last for 11 years and involves supplying the entire generation of the 36.4-MW Chassiecq solar park in southern France to Tokai COBEX.
• The estimated annual output of the solar park is over 47 GWh.
• The solar park is expected to be connected to the grid by the end of the year.
• This partnership will support Tokai COBEX's sustainability program and efforts towards sustainable development.
• Clearvise CEO Petra Leue-Bahns sees this agreement as a significant milestone in the company's portfolio strategy to expand their generation portfolio to meet the electricity needs of industrial customers.
• The agreement highlights the growing trend of corporate PPAs in the renewable energy sector.