Covestro signs ten-year PPA with bp for solar energy in Spain [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
Under the ten-year agreement, bp will supply Covestro with a substantial gigawatt hours volume of renewable electricity, along with guarantees of origin to certify the energy's green credentials. The solar power will be sourced from an operational photovoltaic (PV) farm in Teruel, in Spain's Aragon region. The deal will significantly increase the use of renewable energy in Covestro's Spanish operations, aligning with its goal of achieving operational climate neutrality by 2035. The partnership is set to enhance Covestro's renewable energy consumption in Spain from under 10% to 30%. Covestro CTO Thorsten Dreier stated: “With the PPA, we are demonstrating that we at Covestro are using every opportunity to consistently increase the proportion of energy from renewable sources at our sites worldwide. "Because we are convinced that our vision of a complete focus on the circular economy and climate neutrality is the only way to ensure the long-term success of our company." This
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BP
Earnings
- 5/8/24 - Miss
BP
Sec Filings
- 7/1/24 - Form 6-K
- 7/1/24 - Form 6-K
- 6/24/24 - Form 11-K
- BP's page on the SEC website