Engie, Orange Romania Team on Solar VPPA
Aug 25, 2023 02:17 PM ET
- Orange Romania Group and Engie Romania have signed a 6-year VPPA to provide 30GWh of solar energy per year. This helps Orange achieve their net-zero carbon goal by 2040 and 80% green energy level by 2021 in 6 countries.
Orange Romania Group and Engie Romania have signed a six-year virtual power purchase agreement (VPPA) to provide Orange Romania with 30GWh of solar energy per year. This is part of Orange's overall goal of net zero emissions by 2040, and carbon neutrality for all Romanian companies by the same year. Additionally, Orange Romania kick-started a four year plan in 2020 to install solar panels at 300 network sites and four communication interconnection facilities and data centers. With the VPPA in place, Orange is now on track to reach a 80% green energy level by 2021, in countries such as Spain, Belgium, Luxembourg, Slovakia, Poland, and Moldova.
What Progress Has Orange Romania Made Towards Net Zero Emissions?
- Orange Romania Group and Engie Romania have signed a six-year Virtual Power Purchase Agreement (VPPA) to provide Orange Romania with 30GWh of solar energy per year.
- Orange has set a goal of net zero emissions by 2040, and carbon neutrality for all Romanian companies by the same year.
- Orange Romania has kick-started a four-year plan in 2020 to install solar panels at 300 network sites and four communication interconnection facilities and data centers.
- With the VPPA in place, Orange Romania is now on track to reach an 80% green energy level by 2021, in countries such as Spain, Belgium, Luxembourg, Slovakia, Poland, and Moldova.
- Orange Romania is exploring other sources of green energy, such as wind and hydropower, to reach its goal of net zero emissions.
- Orange Romania has committed to a yearly environmental assessment and carbon audit, and will also be investing in energy efficiency measures in order to reduce its emissions.
- The VPPA will enable Orange Romania to reduce its electricity consumption by 20% through a combination of energy efficiency investments, renewable energy, and the purchase of green energy certificates.
Also read
SOLAR DIRECTORY
Solar Installers, Manufacturers