News /
Granada-based PV system will be created as an agrivoltaic system
2023-02-15
BayWa r.e. AG has recently entered into power purchase agreements (PPAs) to provide electricity from two photovoltaic (PV) projects in Spain to Danish roof windows maker VELUX. Situated near Seville and Granada, these solar parks are expected to be up-and-running by 2023 and 2024 and will generate 167 GWh of clean energy per annum - enough to power close to 45,000 households across Europe.
The majority of the output from these PV facilities (80%) will be used by VELUX while the remaining portion is intended for grid supply. The contracted electricity should be sufficient for all of VELUX's sites throughout Europe and cover almost 90% of their global consumption, with the company hoping to completely eradicate emissions from their operations by the end of this decade. Interestingly, 10% of the Granada-based PV system (dubbed Alhendin) will be created as an agrivoltaic system, enabling crops to thrive between the panels. This is supposedly Europe's first corporate PPA of its kind.
By signing this agreement, BayWa r.e. has made a huge stride towards contributing towards a more sustainable future. The German renewables company hopes that other businesses will follow in VELUX’s footsteps and opt for green energy solutions too.
BayWa r.e. AG has recently entered into power purchase agreements (PPAs) to provide electricity from two photovoltaic (PV) projects in Spain to Danish roof windows maker VELUX. Situated near Seville and Granada, these solar parks are expected to be up-and-running by 2023 and 2024 and will generate 167 GWh of clean energy per annum - enough to power close to 45,000 households across Europe.
The majority of the output from these PV facilities (80%) will be used by VELUX while the remaining portion is intended for grid supply. The contracted electricity should be sufficient for all of VELUX's sites throughout Europe and cover almost 90% of their global consumption, with the company hoping to completely eradicate emissions from their operations by the end of this decade. Interestingly, 10% of the Granada-based PV system (dubbed Alhendin) will be created as an agrivoltaic system, enabling crops to thrive between the panels. This is supposedly Europe's first corporate PPA of its kind.
By signing this agreement, BayWa r.e. has made a huge stride towards contributing towards a more sustainable future. The German renewables company hopes that other businesses will follow in VELUX’s footsteps and opt for green energy solutions too.