German company Encavis AG is set to supply clean power to Brussels-based Aliaxis Holdings SA after the two parties signed a 10-year PPA.
The PPA marks Aliaxis’ first offtake arrangement in Europe, where it will secure around 50 GW of clean electricity per annum.
Encavis will provide power from its 38 MW solar park in Montefiascone, Lazio, which is set to come online in 2025.
“Sustainability is at the core of our Growth with Purpose strategy. When it comes to our planet, we need to act now,” said Eric Olsen, CEO of Aliaxis, a global manufacturer of advanced fluid management solutions.
“This is why we set a short-term target for a CO2decrease of 75% per tonne of production on Aliaxis sites.
“Our action plan includes an objective of reaching 100% renewable electricity by 2025. Our European operations have made excellent progress as we have secured production of renewable electricity corresponding to a large portion of our operations as of 2025. Our Pacific region will be fully powered by renewable electricity next year, and our four production facilities in Quebec, North America, have achieved 100% renewable electricity status, we continue to make strides in our sustainability goals.”
“We are very pleased to have Aliaxis as a renowned partner, whom we can support in its sustainability strategy with our green electricity on a long-term basis,” noted Mario Schirru, CIO/COO of Encavis AG.
“Montefiascone is another convincing project which we realise in these turbulent times – after having signed several PPAs successfully in Spain, Germany, Finland and Denmark, we can now add our first unsubsidised Italian project to our list.”
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