- Press Releases
October 15 (Renewables Now) - US healthcare group Johnson & Johnson (NYSE:JNJ) announced today that it has signed a corporate power purchase agreement (PPA) with Denmark’s Ørsted A/S (CPH:ORSTED) to procure electricity from two wind farms in Ireland.
The eight-year PPA specifies that the Danish energy major is to supply more 1 TWh of power over the life of the contract. The electricity will come from wind farms located in Kilgarvan, County Kerry and Booltiagh in County Clare.
Thanks to the long-term nature of the arrangement, Ørsted will be able to invest in its development and repowering strategy to construct more renewable generation in the future, Johnson & Johnson said.
The latest PPA follows a set of other virtual PPAs that Johnson & Johnson signed in Europe. These contracts combined will enable the US group to secure the equivalent of 100% renewable power for all of its property sites across the pharmaceuticals, medical devices and consumer health business sectors in Ireland, Johnson & Johnson said.
“We are proud to announce that we have reached our target of sourcing 100% of our electricity across our Irish operations from renewable sources,” commented John Lynch, Plant Leader, Johnson & Johnson Vision Care Ireland UC. “Across our 10 sites and workforce of more than 5,000 here in Ireland, we are committed to supporting Johnson & Johnson’s climate action goals.”