Falck Renewables S.p.A. has signed a Corporate Power Purchase Agreement (PPA) with its subsidiary Falck Renewables Sviluppo S.r.l. (owners of a solar project under development in Apulia, Italy and Solvay) for 41.1 MW solar project in Apulia.
The 10-year contract will cover around 70% of the power produced by the solar plant and represents an amount equal to the electricity needs of four of Solvay’s plants in Italy: Bollate, Ospiate, Livorno and Rosignano - Unità produttiva Perossidati. This will reduce Solvay's annual CO2 emissions by more than 15,000 tons, in line with Solvay One Planet sustainability strategy.
The solar project located in the province of Foggia is expected to generate roughly 70 GWh of electricity per year once operational, equivalent to the energy needs of around 26,000 households.
The project also includes a 10 MW/20 MWh storage system, which is designed to allow the on-site integration of renewable electricity and agricultural production.
