Allego NV, an electric vehicle (EV) charge point operator across Europe, has inked two new power purchase agreements (PPAs) to ensure a supply of renewable electricity from Energy Solutions Group, a green energy producer in the Benelux region.
Under these agreements, Allego will purchase 100 GWh of electricity annually from a wind farm located in Strijensas and a solar park situated in Maarheeze, both in the Netherlands. These PPAs are slated to take effect in January 2024 and January 2025, with a duration of ten years.
Allego emphasized that the competitive energy prices established in these agreements will play a pivotal role in stabilizing its long-term input costs. The use of PPAs allows the company to mitigate the impact of fluctuating commodity prices effectively. Allego has committed to sourcing 80% of its energy needs through PPAs and plans to rely on local green certificates for the remaining portion.
Over the past year, the EV charging network has been proactive in securing renewable energy supply agreements and has entered into contracts with six renewable energy parks to date. This move aligns with Allego's commitment to sustainability and underscores its dedication to providing clean energy for its EV charging infrastructure.
