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25 JULY 2020 AL CIRCLE

Ball Corporation signs two virtual power purchase agreements for 93.4 MW of additional wind energy

EDITED BY : HEENA IQBAL 2MINS READ

Ball Corporation has inked two virtual power purchase agreements (VPPAs) in Europe – one for the Corral Nuevo project with wpd and one for the Brattmyrliden project with Falck Renewables – for 93.4 megawatts (MW) of additional wind energy.

The agreement will allow the company to address approximately 63% of the European electricity load utilized in its aluminium beverage packaging plants (excluding Russia) with new renewable energy. 

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This will also help the company to reduce its Scope 2 greenhouse gas emissions generated in Europe by approximately 60% compared to 2019.

"These milestone renewable energy deals in Europe affirm Ball's steadfast commitment to reduce absolute carbon emissions within our operations and through our value chain," said Kathleen Pitre, chief commercial and sustainability officer.  "Both projects will allow us to address a substantial portion of our European electricity use with new wind energy and accelerate progress toward our recently approved science-based targets."

Scheduled to come online in 2021, Ball's share of the Corral Nuevo and Brattmyrliden wind projects will generate nearly 308,000 megawatt hours (MWh) of renewable electricity in Europe each year—equivalent to the electricity load of approximately 10 Ball beverage packaging plants, Ball said.

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"Ball is demonstrating significant leadership expanding Europe's emerging VPPA market," said John Powers, vice president of strategic renewables for Schneider Electric, which assisted the company in its project selection and negotiations. "By taking a portfolio approach and executing two wind deals simultaneously in two different countries, Ball is diversifying across geographies and advancing innovation in the industry. We want to congratulate Ball on this sustainability milestone and for furthering its commitment to accelerate the global renewable energy transition." 


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EDITED BY : HEENA IQBAL 2MINS READ

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