At a cost of 42 megawatts of equivalent solar photovoltaic installed capacity necessary to deliver the energy, it will be used by Air Liquide to cover a ‘large part’ of the electricity consumption for the production of industrial and medicinal gases in the North East of Italy.
With the agreement resulting in around 24,000 tonnes of carbon dioxide (CO2) emissions saved per year, by purchasing the renewable energy Air Liquide aims to stay in check with its own Sustainability Objectives.
Commenting on the deal, Pascal Vinet, Senior Vice President, Air Liquide, said, “This agreement demonstrates, once again, our ability to provide our customers with solutions contributing to CO2 emissions reduction and illustrates the Group commitment to implement concreate actions to foster a low-carbon society.”
The agreement builds upon previous renewable power deals signed between Air Liquide with companies based in the United States, Spain, the Netherlands, and Belgium.
With a presence in 14 European power markets, Rupen Tanna, General Manager for Power, Shell Energy Europe, said that the company is focused on delivering a range of clean power solutions to help customers reduce emissions.
“We have a growing portfolio of renewable energy and this supports the expansion of clean energy developments in countries where we operate,” he added.