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

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

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

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

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

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

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

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

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

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