Falck signs a 10-year Corporate PPA for solar project in Italy
alck Renewables S.p.A. has announced the signing of a Corporate Power Purchase Agreement (PPA) between its subsidiary Falck Renewables Sviluppo S.r.l. – owners of a solar project under development in Apulia, Italy – and Solvay, the global leader in materials, solutions and chemicals.
The 10-year contract will cover around 70% of the power produced by the solar plant and represents an amount equal to the electricity needs of four of Solvay’s plants in Italy: Bollate, Ospiate, Livorno and Rosignano – Unità produttiva Perossidati. This will reduce Solvay’s annual CO2 emissions by more than 15,000 tons, in line with Solvay One Planet sustainability strategy.
Located in the province of Foggia, the 41.1 MW project is expected to generate roughly 70 GWh of electricity per year once operational, equivalent to the energy needs of around 26,000 households.
The project, which currently also includes a 10 MW/20 MWh storage system, is designed to allow the on-site integration of renewable electricity and agricultural production.
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