Virtual Power Purchasing Agreement in Poland helps Signify’s push for carbon neutrality


    October 07, 2019

     

    In a landmark development, Signify will power its Polish operations with wind generated renewable electricity for the next ten years

     

    Driving 200 kilometers north of Warsaw, towards the small village of Kisielice, the Polish landscape is dotted with the occasional church or farm. That is, until you see the field of towering wind turbines turning in the sky. These 21 turbines belong to the Kisielice wind farm, which generates around 92 Gigawatt hours per year – the carbon output equivalent of 23,000 cars annually. It’s a sign of things to come.

    Polish windfarrm

    Signify looks to renewable energy, one factory at a time

     

    Currently, 80% of Poland’s electricity production comes from coal. This heavy dependence on fossil fuels makes it an important proving ground for a broader move toward clean energy.
     

    Signify is planning to go carbon neutral in 2020. Addressing the energy usage of our Polish factories is key to achieving that goal. Although only four of our 40 factories are in the Central European nation, it accounts for over 25% of our global energy usage.
     

    If they’re worried, I thought, we need to be very worried.

     

    The wind farm generates 92 Gigawatt hours per year – the carbon output equivalent of 23,000 cars."

    In August, the wind farm was acquired by the Green Investment Group (GIG), which specializes in green infrastructure principal investment. Signify signed a virtual power purchase agreement (VPPA) with GIG, ensuring its Polish operations will be powered by wind-generated renewable electricity for the next ten years.

     

    “This [virtual] power purchase agreement is another major milestone on our journey to achieving carbon neutrality in 2020,” according to Nicola Kimm, Head of Sustainability, Environment, Health & Safety for Signify.

     

    Through this agreement, both groups further commit to achieving fast progress towards total renewable energy both within Signify and in the energy landscape of Poland.

     

    By committing to ten years of clean wind energy, Signify sets an example for other companies on how to adopt renewable energy.

    About the author:

    Robbert Slooten

    Robbert Slooten

    Sustainability Manager

    For further information, please contact:

    Signify Global Integrated Communications
    Neil Pattie
    Tel: + 31 6 15 08 48 17
    Email: neil.pattie@signify.com

    About Signify

     

    Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2018 sales of EUR 6.4 billion, we have approximately 28,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been named Industry Leader in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the NewsroomTwitterLinkedIn and Instagram. Information for investors can be found on the Investor Relations page.

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