Nestle signs PPA with BayWa r.e for the 50 MW Picon solar PV project in Ciudad Real

Nestlé has signed a 10-year power purchase agreement (PPA) with BayWa r.e., with power supplied from a new 50 MW “Picón” solar park located near Ciudad Real in Castile-La-Mancha, Spain.

The agreement will enable a new solar park that will generate 62 GWh of solar energy per year to power Nestlé’s operations in Spain and Portugal. The planned project is expected to be commissioned in the first quarter of 2023.

The energy that will be produced from the new solar project, is equivalent to an annual saving of over 70,000 tonnes of CO2, and enough electricity to power 25,000 households.