Spain: Clean Energy Total, Merck & Co. Sign 45 MW Solar PPA
The pharma company Merck & Co. and France’s Total have signed a major renewable corporate power purchase agreement. Under the terms of the agreement, 90 GWh of clean energy will be produced annually by Total’s 45 MW solar power project located in Spain.
Paris/France – Total and MSD, known as Merck & Co. signed a major renewable corporate power purchase agreement (CPPA) over a period of 10 years, with 90 GWh a year of clean energy produced by a 45 MW utility-scale solar power project from Total’s portfolio in Spain, Castilla La Mancha region.
As part of its ambition to get to net zero by 2050, Total actively supports its customers and partners in their efforts to reduce the carbon footprint of their activities through their energy transition.
With a strong expertise in the development, construction and operation of renewable energy projects, Total was chosen as a trusted partner to contribute to MSD’s ambition to source 100 % of its purchased electricity with renewables.
“This agreement with MSD contributes to securing the revenues of our solar projects in Castilla La Mancha region in Spain and paves the way to launching the construction of new sites,” said Julien Pouget, Senior Vice President Renewables at Total. “Our global portfolio of renewables projects makes us one of the key players to supply green electricity to corporate players willing to decarbonize their electricity consumption and thus reduce their carbon footprint in order to accelerate the transition towards a carbon neutral world.”
“This contract is an important step for MSD towards meeting its commitment to sustainability by bringing carbon-free energy to the Spanish grid and reducing the environmental impact of our European operations. As a human and animal health company, we see our renewable energy strategy as fully integrated with MSD’s mission to save and improve lives”, said Susanna Webber, senior vice president, Global Supplier Management Group and Chief Procurement Officer, MSD.