Italy: Colacem and energy supplier Engie have signed a 25-year power purchase agreement (PPA) for the development of a photovoltaic system at Colacem’s Ragusa plant. With an installed capacity of 5MW, the plant will be able to produce over 9.6GWhr of electricity annually, which will be used for the plant’s consumption. As a result, the Ragusa plant will avoid approximately 800t/yr of CO2 emissions. The photovoltaic system will be built on a total ground surface area of approximately 40,000m2. Engie will handle the design, installation and commissioning. For the entire duration of the agreement, Engie will guarantee Colacem access to the electricity generated by the system at ‘favourable’ terms compared to market prices and will cover approximately 20% of the plant's electricity needs.
Colacem signs power purchase agreement with Engie for Ragusa plant
