Hygenco India strikes green hydrogen off-take deal with Jindal Stainless
Aug 17, 2022 15:56 CESTJuly 12 (Renewables Now) - Food and beverage company PepsiCo Inc (NASDAQ:PEP) has signed a power purchase agreement (PPA) with Spanish utility Iberdrola SA (BME:IBE) to procure some of the electricity that set to come out of the 590-MW Francisco Pizarro solar farm in Spain.
Francisco Pizarro, en route to become Europe's largest solar farm, will soon start operations. The PPA with PepsiCo will come into force on January 1, 2023, Iberdrola said today.
Subscribe for Renewables Now's Corporate PPA Newsletter here for free!
Iberdrola did not disclose how much electricity PepsiCo procured and for how long, but did say the contract would guarantee the flow of power to all of the multinational's facilities in Spain and Portugal. This includes food and beverages factories, two large logistics centres and offices across the Iberian Peninsula.
The Francisco Pizarro plant, located in Caceres province in the Spanish region of Extremadura, will be capable of generating enough power to meet consumption needs of some 334,000 homes per year.
In early 2021, French food producer Danone SA (EPA:BN) signed a PPA to procure a portion of the plant's production output for its operations in Spain.
Hygenco India strikes green hydrogen off-take deal with Jindal Stainless
Aug 17, 2022 15:56 CESTNickel Industries signs term sheet for 200-MWp solar project in Indonesia
Aug 17, 2022 14:44 CESTEngie, Orica, Mars among Lightsource bp's off-takers for 490 MW of Aussie solar
Aug 16, 2022 11:35 CESTPorsche Cars North America to install solar at Georgia HQ
Aug 15, 2022 16:32 CESTGreenko agrees RTC power supply to aluminium producer Hindalco
Aug 11, 2022 16:06 CESTApple to procure power from Windlab's 600-MW wind project in Queensland
Aug 11, 2022 9:37 CEST