The two inked a deal in Germany recently and say they will collaborate to find more sustainability opportunities in Europe
Iberdrola, one of the world’s largest renewable energy companies, and Vodafone have signed new clean energy power purchase agreements (PPA) in Spain and Portugal. They recently signed one in Germany. The companies have pledged to work together to look for new PPA opportunities and sustainability initiatives in Europe.
In total the PPAs will see Iberdrola provide Vodafone with 410 gigawatt-hours (GWh) of clean, renewable photovoltaic (PV) solar energy per year in the three countries, helping Vodafone on its net-zero journey and improving energy security.
The renewable energy from the three solar plants is comparable to the annual electricity demands of approximately 117,000 homes, based on an average annual household electricity consumption of 3,500 KWh.
For Vodafone Portugal, the PPA will provide the energy from the newly built Velilla solar PV plant in Palencia, Spain.
For Vodafone Spain, the PPA will deliver 280GWh per year from the newly constructed Cedillo PV plant located in Cáceres in the country.
For Vodafone Germany, a PPA was agreed last week to supply the full energy produced from the Boldekow PV plant,which will be Iberdrola’s first solar project in the country and built in the state of Mecklenburg-Western Pomerania.
The plant will have a total capacity of 56MWp and fully operational by 2024.