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Corporate PPAs   15.11.2024     Wonderful news about Ahold Delhaize! The Dutch-Belgian multinational has signed a Virtual Power Purchase Agreement (hashtag#VPPA) with the Spanish renewable energy company BRUC to support the financing and construction of a cluster of five hashtag#solarpower plants in Seville, Spain.

This corresponds to approximately 30% of Ahold Delhaize’s total electricity usage in its European operations. The project is an important step for Ahold Delhaize towards implementation of its 1.5°C aligned commitment to the Science Based Targets initiative to reduce absolute scope 2 GHG emissions 50% by 2030 from a 2018 base year. This hashtag#PPA also contributes to Ahold Delhaize’s wider 2040 strategy to achieve hashtag#netzero carbon emissions across its own operations (scope 1 and 2).
 
The construction is expected to start before the end of the year, with energy generation to commence in 2026. This project will add 515 GWh per year of new solar energy capacity to the grid, equivalent to the annual electricity usage of 132,000 households. Ahold Delhaize will contract approximately 90% of the cluster’s installed capacity and will receive Guarantees of Origin (renewable energy certificates) for a period of fifteen years.