Engie secures 10-year virtual PPA from Coca-Cola in Australia

Coca-Cola has signed a 10-year virtual power purchase agreement (PPA) brokered by France-based Engie, to source renewable energy and associated credits from the Wellington North Solar Farm located north-east of Wellington and south-east of Dubbo in the Orana region in the Australian state of New South Wales.

Under the VPPA, CCEP will purchase a percentage of renewable energy and associated renewable energy credits (RECs) from the newly built 400 MWdc Wellington North Solar Farm (WNSF), which is owned by UK-based Lightsource bp. CCEP has also invested in rooftop solar panels at its production sites around Australia and has secured several key power purchase agreements. The site spans approximately 970 ha, over three times the size of Sydney’s CBD, utilizing more than 1.2 million solar panels and can generate 925,000 MWh of renewable electricity per year.