BayWa r.e. signs first solar corporate PPA in Poland

BayWa r.e. signs first solar corporate PPA in Poland

BayWa r.e. and HeidelbergCement, one of the world’s leading vertically-integrated building construction materials companies, have signed a 10-year corporate Power Purchase Agreement (PPA) for the Witnica solar park in Poland.

As it is the first subsidy-free PPA-backed largescale solar park in Poland, this new partnership marks a new era of clean and sustainable corporate energy sourcing, with the potential of serving as a blueprint for more PPA structures in the region and beyond.

Contractual counterpart of the virtual PPA is Górazdze Cement S.A., Polish subsidiary of the HeidelbergCement Group. The agreement represents a significant step in HeidelbergCement’s road to carbon neutrality, as set out in its membership to the 50 Sustainability & Climate Leaders.

https://www.baywa-re.com/en/news/details/baywa-re-signs-first-solar-corporate-ppa-in-poland/