The agreement is for a 90MW solar park to power the retailer’s operations

Under the 12-year PPA with X-ELIO, the chemicals company’s site in Freeport, Texas, will be supplied with 48MW of solar power

The deal will enable the banking group to match 100% of its power consumption across its operational footprint with renewable energy credits

The Sun Valley Solar deal will represent power equivalent to the annual electricity needs of more than 50,000 US homes

It will help reduce the company’s carbon footprint by 2,336 tonnes every year and support its 2025 carbon-neutral goal

By the end of 2025, the food giant plans to buy enough renewable energy to offset around 60% of the energy usage at its US manufacturing sites

It initially aims to purchase around 10% of TfL’s required electricity needs from renewable energy sources and new-build assets

Under the 15-year power purchase agreement, Vattenfall will provide 115MW or around 500GWh per year of green electricity from the Hollandse Kust Zuid offshore wind farm

Discover how your business can benefit from a PPA by downloading our handy guide

The wind farms are expected to produce 530GWh of renewable energy each year once operational