Iberdrola has signed three new long-term clean energy purchase agreements – known as PPAs – with Vodafone. Spain, Portugal and Germany at competitive prices. Also, as reported by both companies in separate communications, both companies are committed to working together to seek new opportunities for PPAs and sustainability initiatives in Europe.
New deals, total of Iberdrola to Vodafone 410 gigawatt hours (GWh) of photovoltaic energy, helping to accelerate Vodafone’s path to zero energy and increase energy security. This energy is equivalent to the annual electricity demand of more than 117,000 homes.
It was decided that Vodafone Spain would supply 280 GWh per year from the photovoltaic plant. seasoningFrom the new construction in Cáceres (Spain), and for Vodafone Portugal, PPA will provide 80 GWh per year from Portugal’s newly built photovoltaic solar plant. candleIt is located in Palencia (Spain).
In the case of Vodafone Germany, a PPA was agreed to provide all the energy from the Boldekow photovoltaic plant, the first Iberdrola solar project to be developed in the country. The power plant will have a total capacity of 56 MWp and will be built in the State of Mecklenburg-West Pomerania. It is expected to be fully operational in 2024.
In addition, and within the common goal of both companies, to reduce CO2 emissions and energy transition goals Iberdrola has already installed more than 140 electric chargers at Vodafone’s main facilities in Spain and provides them with management and optimization services for their operations.
Aytor Moso, Iberdrola’s Global Account Director underlined that both Iberdrola and Vodafone are committed to connecting customers and communities to a cleaner and smarter future.
“As global supporters of clean energy, we have projects around the world that allow us to support multinational companies like Vodafone that are committed to sustainability in all their business activities. Deals with companies like Vodafone are becoming more and more important “We hope to allow the construction of new renewable energy projects and now accelerate the delivery of these photovoltaic solar plants.”
on your side, Joakim Reiter, Vodafone Group Director of External and Corporate Affairs emphasized that these Europe-wide agreements “underline Vodafone’s commitment to ensure that our customers continue to benefit from electricity from a 100% renewable source”.
“They also provide Vodafone with greater energy security and long-term price certainty, We are working to bring our operations to net zero power by 2030,” he said.
To achieve net zero targets in this direction, Reiter Paris Agreement, The world faces the “daunting” task of ensuring that around 90% of the world’s electricity is generated from carbon-free and renewable sources.
“Today’s announcement is a great example of how telecom operators like Vodafone can help. accelerating this important transition by becoming key parts for the deployment of renewable energy,” he said.
In addition, both companies are analyzing other options for long-term energy supply contracts to cooperate with Vodafone in their respective fields. ambitious emissions reduction targets in Europe as well as other types of sustainable projects that will further decarbonize their operations in the future.
In the energy company’s view, securing a long-term buyer for clean electricity generation allows Iberdrola Accelerate the construction and commissioning of projects. In this way, this relationship strengthens Iberdrola’s strategy of signing bilateral agreements that promote the supply of energy to large customers committed to clean and sustainable consumption at competitive and stable prices.