Umicore inks renewable PPAs with Statkraft and Gasum

The PPAs will cover the existing needs of Umicore’s site in Kokkola, where it produces precursor cathode active materials and refines cobalt used in rechargeable batteries for EVs

NAVER becomes first South Korean IT firm to join RE100

By 2030, the company intends to convert 60% of all energy sources used in its office building and internet data centre to renewable energy sources and achieve 100% renewable energy by 2040

Ørsted expects all its suppliers to use 100% renewable power by 2025

It is believed to be the first energy company in the world to do so, supporting its 2040 net zero target

Iberdrola starts plugging in ‘Europe’s largest’ solar plant in Spain

The €300m Francisco Pizarro solar power plant in Extremadura consists of nearly 1.5 million photovoltaic modules, with a total installed capacity of 590MW

bp and thyssenkrupp ink deal to decarbonise steel production

They will explore supply solutions for both blue and green hydrogen, as well as electricity form solar and wind farms through the use of power purchase agreements

German medium-sized firms offered offshore wind stakes and PPAs

RWE and Commerzbank are creating the ‘Green Mittelstand Fund’, which they claim will offer medium-sized companies the opportunity to secure green electricity through long term PPAs for the first time

What are Power Purchase Agreements?

Why are they so important in the green transition? – we find out on this week’s future Net Zero podcast

Real estate investment firm Ventas targets net zero operations by 2040

It has also committed to achieve 60% renewable energy by 2030 and 100% by 2035, which will include onsite generation, power purchase agreements and other green power purchase products

Dairy firm Arla to milk carbon savings with renewable PPA

The four new solar projects will cover a third of the company’s electricity consumption in Denmark

Verizon Communications dials in four renewable energy PPAs

The agreements with Leeward Renewable Energy supports Verizon’s goal to achieve net zero emissions in its operations by 2035