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Power supply agreement with Gerresheimer will help the packaging manufacturer reduce its carbon footprint
PNE has finalised a long-term power supply contract in Germany with packaging manufacturer Gerresheimer.
The clean power for the power purchase agreement (PPA) is generated by an unnamed PNE wind farm in the country.
Gerresheimer, a manufacturer of primary glass and plastic packaging for the pharma, biotech and cosmetics industries, will secure around 35 gigawatt hours of clean power a year from 2024 at attractive conditions.
"Industrial Companies are increasingly interested in PPAs with higher volumes and longer terms," said PNE chief executive Markus Lesser.
"More and more companies like Gerresheimer are actively shaping their own energy transition. We reliably assist the industry in reducing its CO2 footprint.
“Companies can use PPAs to secure long-term capacities of clean electricity at attractive conditions in a volatile market environment.”
Gerresheimer chief executive Dietmar Siemssen added: “The power purchase agreement with PNE AG is another important building block in expanding green power as a share of the supply of energy to our German locations.” |