European Energy, Asahi ink UK solar PPA
- Agreement will enable drinks brand to offtake power manufacturing from 19MW PV project in south-west England
European Energy has authorized a virtual power acquisition agreement (PPA) to meet renewable electricity demand for the UK drinks company of Asahi Europe & International (AEI).
The multi-year virtual PPA will enable AEI to offtake power production from the 19MW Marksbury Plain solar project, situated near Bath in south-west of England.
The project has actually preparing authorization accepted by Bath & Northeast Somerset Council in July 2022 and also building and construction is scheduled to commence in the coming months.
The deal supports AEI in its broader sustainability ambition to be carbon neutral across all its European breweries by 2030.
Director of European Energy UK Adam Spearey claimed: "European Energy has created a solid pipeline of solar as well as wind projects throughout the UK, which we will build out over the coming years.
" Corporate PPAs have a vital role to play in our distribution technique.
" We are proud to be able to assist sustainability-focused organisations such as Asahi to more decarbonise their procedures as well as support the energy shift in the UK."
Paolo Lanzarotti, Chief Executive Officer Asahi Europe & International, added: "This most recent agreement providing renewable energy for our breweries in the UK marks one more important step forward and substantial dedication towards our Heritage 2030 objective of coming to be carbon neutral in all our breweries by 2030 and also across our broader supply chain by 2050."