Woolworths' 100% Renewable Supply Deal with SmartestEnergy

• Woolworths agrees to 100% renewable energy supply deal in NSW and ACT with SmartestEnergy, covering 450 sites with power from wind and solar projects. Achieves goal of 100% renewable energy in two states by 2025.

Woolworths has agreed to a 100% renewable supply deal with SmartestEnergy. This long-term supply arrangement covers some 450 sites, including Woolworths supermarkets, Big W stores and Primary Connect distribution centers in New South Wales and the Australian Capital Territory. The agreement will provide the retail and finance company with enough renewable energy to meet its goal of 100% renewable energy in the two states by 2025. The renewable electricity and renewable certificates will be procured via a portfolio of power purchase agreements (PPAs) developed by SmartestEnergy, covering different generation technologies and locations. The contracts will include the existing PPA with Squadron Energy’s 224-MW Bango wind farm in New South Wales and a PPA with Octopus Investment for power from the 333-MW DC Darlington Point solar complex.

How Will Woolworths Reach 100% Renewable Energy?

• SmartestEnergy will provide Woolworths with a portfolio of power purchase agreements (PPAs) to procure renewable electricity and certificates.
• Woolworths will purchase renewable energy from Squadron Energy’s 224-MW Bango wind farm and a PPA with Octopus Investment for power from the 333-MW DC Darlington Point solar complex.
• Woolworths has committed to investing in renewable energy technologies such as energy storage, solar, and demand-side management.
• Woolworths will also incorporate green infrastructure and technologies, such as the installation of on-site solar systems, to increase their renewable energy use.
• Woolworths will partner with energy suppliers, utilities, and green energy providers to ensure the highest quality of renewable energy is supplied to meet their 100% renewable energy goal.
• Woolworths is currently working on new projects and initiatives with a range of suppliers and partners to further increase its renewable energy use.