Acciona Energía has finalized a pivotal Power Purchase Agreement (PPA) with Vidrala, a leading glass container manufacturer, to provide renewable energy covering between 20% and 25% of Vidrala's electricity needs over the next decade. The agreement, set to commence in January 2025, marks a significant step in Vidrala's strategy to bolster sustainability across its operations.
Under the terms of the PPA, Acciona Energía will exclusively supply 100% renewable electricity sourced from its wind farms to Vidrala's manufacturing facilities in Llodio (Álava), Caudete (Albacete), Castellar del Vallés (Barcelona), and Marinha Grande (Portugal).
“This agreement marks a significant milestone in our commitment to reduce our environmental footprint and promote sustainability in our value chain,” remarked Galo Álvarez, Vidrala's director of sustainability and strategy.
The partnership is expected to prevent the emission of approximately 150,000 tonnes of CO2 over the contract's duration, aligning with Vidrala's ambitious decarbonization goals. This initiative forms part of Vidrala's broader strategy, which includes self-consumption projects and the procurement of Guarantees of Origin (GOs), aimed at achieving 100% decarbonization of its electricity consumption by 2030.
For Acciona Energía, the agreement underscores its commercial strategy to expand medium to long-term contracts in Spain, aiming to secure around 80% of its contracted volume through such agreements, in contrast to relying solely on the wholesale market.
“This contract reinforces Vidrala's leadership in industrial sustainability, ensuring a cleaner, more diversified, secure, and competitive energy supply,” Acciona Energía stated.
The deal also builds upon an existing partnership in Portugal, where Acciona Energía has been supplying renewable electricity to Vidrala's plants since 2018, demonstrating a continued commitment to sustainable energy solutions.
