Covestro signs long-term power purchase agreement with bp to supply solar power in Spain
Type: Ppa · Technology: Solar · Country: Spain · Announced: 2024-07-04
Covestro and bp signed a 10-year power purchase agreement under which bp will supply Covestro with a high double-digit GWh volume of renewable electricity from an operational solar PV farm in Teruel, Spain, supporting Covestro's goal of operational climate neutrality and reducing around 16,000 tonnes CO2/year at its Tarragona site.
Counterparties
- Covestro AG (Offtaker)
- bp Energía España S.A. (bp) (Supplier)
📈 The Sherpa Signal — one notable infrastructure deal a day.