“Joining forces to realize this Pan-European PPA will accelerate the transition to clean energy and supports our climate action ambitions. We hope to encourage others to follow so we can collectively reduce carbon emissions around the globe,” she added.
“As part of our global CO₂ reduction program, Drop the C, we aim to significantly reduce emissions across our value chain and are committed to reaching 70% renewable energy in the production of our beers by 2030. This virtual PPA is another step towards our ambition and will provide the equivalent electricity needed to brew over 5 billion bottles of beer. Where possible, we aim to develop local PPAs for our Operating Companies. For example HEINEKEN Spain has signed a long term PPA involving the construction of a new solar photovoltaic plant. It is not always possible to build locally, therefore we are delighted to join forces on this virtual PPA to deliver significant renewable electricity for Europe. We firmly believe in the power of collaboration to help contribute to a greener world and greener future for us all,” said Jorge Paradela, Corporate Affairs Director Europe at HEINEKEN.
“As part of our commitment to a sustainable future, we have set a target to reduce carbon emissions by 25% between 2020 and 2025 and to increase our share of renewable and low-carbon energy to 60%. This virtual PPA combines the best of both worlds: additional renewable electricity is realized in Finland where there is space, both physically and on the grid, while we benefit from more sustainable energy for our operations,” explained Marcel Galjee, Vice President Energy & New Business at Nouryon Industrial Chemicals.
“Climate change threatens our healthcare systems globally. This renewable electricity partnership raises the bar in how we can jointly increase green energy supply across Europe, in line with the UN Paris Agreement. With this agreement, we secure renewable electricity supply to power our global operations for a 10-year period, delivering real progress on our 2025 climate targets. By the end of this year, we will be carbon neutral in our own operations, and we aim to source over 75% of our total energy consumption from renewable sources by 2025,” said Robert Metzke, Global Head of Sustainability at Philips.
The new wind farm will be realized by Neoen, an independent French producer of renewable energy. The four parties were advised on the consortium by Schneider Electric.
1 Across 13 of its European Operating Companies in Romania, Portugal, Belgium, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Ireland, Serbia, Slovakia, Slovenia and Switzerland.