Total indications 45MW Spanish PV offtake with Merck
- Corporate power purchase agreement is for 90GWh a year from solar plants in Castilla La Mancha
Total and pharmaceutical huge Merck & Co (MSD) have authorized a renewable corporate power purchase agreement (CPPA) over a period of ten years covering 45MW of solar from Total's portfolio in Spain.
The CPPA is for an annual supply of 90GWh from utility-scale solar in Castilla La Mancha.
" This agreement with MSD contributes to protecting the incomes of our solar projects in Castilla La Mancha area in Spain and also paves the way to introducing the building of new sites," said Julien Pouget, Senior Vice President Renewables at Total.
" Our global portfolio of renewables projects makes us one of the principals to provide environment-friendly electrical power to corporate players happy to decarbonize their electrical power intake as well as therefore minimize their carbon impact in order to accelerate the shift towards a carbon neutral world."
"This agreement is an important action for MSD toward meeting its commitment to sustainability by bringing carbon-free energy to the Spanish grid and lowering the ecological impact of our European procedures.
"As a human and also animal health and wellness company, we see our renewable resource technique as fully integrated with MSD's goal to save and enhance lives", claimed Susanna Webber, senior vice head of state, Global Supplier Administration Group as well as Chief Purchase Officer, MSD.