Rail transport manufacturer and mobility solutions provider Alstom announced today that it has signed a major 10-year renewable Power Purchase Agreement (PPA), sourcing 160 GWh/year from a solar development in Andalusia, Spain.
Alstom said that the energy from the agreement will cover approximately the equivalent of 80% of the company’s electricity consumption in Europe. The solar farm is set to start operating in Andalusía, Spain, in 2025.
The company said that the agreement was executed in collaboration with Schneider Electric, which helped Alstom identification, negotiations and procurement of the renewable energy project.
Cécile Texier, Vice President of Sustainability & CSR, Alstom, said:
“As a world-leader in sustainable mobility solutions, energy transition and decarbonisation are intertwined with everything we do at Alstom. We are very proud to be taking concrete action to help develop renewable energy sources, and we are pleased to be leveraging Schneider Electric’s leadership in such strategic purchase agreements.”