Did you know that breweries across Europe are making bold sustainability commitments, decarbonising their operations and using renewable electricity to power their businesses?

As the corporate power purchase agreement (PPA) market in Europe grows and matures, companies of all sizes are enjoying the environmental and cost benefits of PPAs.

WindEurope’s latest report on 2020 financing and investment trends confirmed last year’s record-breaking year for corporate power purchase agreement (PPA) announcements across Europe.

Daimler have signed a renewable Purchase Power Agreement (PPA) with Statkraft that will enable them to power their Mercedes factories with 100% renewable electricity.

While 2020 was positive for renewable energy sourcing in general, solar power had a particularly good year, capturing approximately 1.7 GW of PPA capacity.

A recently conducted survey of large energy consumers across all sectors in the four Visegrad countries (V4) reveals that they have a strong interest in renewable electricity – both self-producing and purchasing.

Global building materials company, Kingspan, has signed a power purchase agreement (PPA) with solar energy company Alight. Alight will invest in, deliver and manage a rooftop photovoltaic plant at Kingspan’s state of the art factory in Stigamo, Sweden.

Spain is now one of the leading European countries in corporate PPAs signed. Of the nearly 4 GW of PPAs signed across 12 countries last year, Spain was responsible for more than 1.3 GW.

Many industries faced uncertainty in 2020 but corporate renewable electricity went from strength to strength.

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