Greif has signed a virtual power purchase agreement (VPPA) with Endesa’s renewal subsidiarity, Enel Green Power España (EGPE).
The solar VPPA is a step toward achieving Greif’s climate target to reduce its Scope 1 and 2 greenhouse gas emissions by 28% by 2030, compared to a 2019 baseline.
The renewable electricity generated by the project represents approximately 65% of the company’s Scope 2 emissions in Europe and approximately 3% of its global Scope 1 and 2 emissions. By adding renewable energy to the Spanish grid, this initiative not only drives meaningful emissions reductions but also supports a cleaner energy future.
“At Greif, we’re serious about sustainability,” says Ole Rosgaard, president and CEO of Greif.
“This partnership represents a tangible step in advancing our climate strategy. It demonstrates our dedication to responsible growth while meeting our emissions reduction targets. We are proud to contribute to the development of solar energy infrastructure and to support the renewable energy transition by delivering clean, reliable power to the communities these projects serve.”
The solar VPPA contributed to the development of two solar projects in the Soria Province of Castilla y Léon, Spain under a 12-year agreement. Greif will purchase approximately 70% of the projects’ output, which translates to 100 GWh per year.
The post Greif Signs VPPA with Enel Green Power España appeared first on Solar Industry.
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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