2024/06/19
Vidrala signs a PPA with Acciona Energía to supply its plants in Spain and Portugal with renewable energy
- The PPA will avoid the emission of 150,000 tons of CO2 into the atmosphere.
- Acciona Energía will supply between 20% and 25% of Vidrala's electricity needs.
- This PPA adds to a previous supply agreement that Vidrala has maintained with Acciona since 2018 in Portugal.
Vidrala, a leading company in the design and manufacture of glass containers, has signed a Power Purchase Agreement (PPA) with ACCIONA Energía for the supply of renewable energy that will cover between 20% and 25% of the company's electricity needs over the next 10 years.
The contract will come into effect in January 2025 and will allow Vidrala to source clean electricity for its operations at several manufacturing plants in Llodio (Álava), Caudete (Albacete), Castellar del Vallés (Barcelona), and Marinha Grande (Portugal). All the energy will be 100% renewable and sourced from ACCIONA Energía's wind farms.
This is the first PPA that Vidrala integrates into its decarbonization strategy to reduce emissions, and thanks to it, will avoid the emission of 150,000 tons of CO2 into the atmosphere during the contract's duration. Along with self-consumption projects and Guarantees of Origin (GOs), PPAs form the company's plans for the decarbonization of 100% of its electricity consumption by 2030. In this way, Vidrala strengthens its position as a leader in industrial sustainability while ensuring a cleaner, more diversified, secure, and competitive energy supply.
Galo Álvarez, Vidrala's Sustainability Director, highlighted the importance of this strategic alliance with ACCIONA Energía: "This agreement marks a significant milestone in our commitment to reduce our environmental footprint and promote sustainability in our value chain. By partnering with ACCIONA Energía, we reaffirm our commitment to decarbonization and lay the foundations for sustainable growth."
This contract, for which Vidrala has been advised by Advanced Energy Consulting (AEC), adds to the supply agreement that the companies have had since 2018 in Portugal, where ACCIONA Energía supplies renewable electricity to the Gallo Vidro and SB Vidros plants that Vidrala operates in the town of Marinha Grande.
With this milestone, Vidrala reaffirms its position as a pioneer in sustainability within the glass industry by committing to long-term sustainable energy solutions and advancing the transition towards a cleaner and more planet-friendly future for the industry.