BayWa r.e. and Boston Scientific Ink Virtual Power Purchase Agreement for 15.1 MW Solar Farm in Spain

BayWa r.e. embarks on its inaugural VPPA with a healthcare firm, while Boston Scientific achieves its first European VPPA, advancing its decarbonization goals. Over the 10-year agreement, BayWa r.e. will supply extra electricity from the 15.1 MW Alcalá Solar Photovoltaic Plant near Seville, Spain. In turn, Boston Scientific secures renewable energy covering around 80% of its European electricity consumption.

VPPAs are a great avenue for businesses to procure renewable energy and diminish their carbon footprint.

“Our focus on improving patient health is inextricably linked with the health of the planet, and we have a responsibility to protect the world we all share,” commented Paudie O’Connor, senior vice president, Global Supply Chain, Boston Scientific.

“This power purchase agreement underlines our commitment to sourcing renewable energy in one of the many growing regions for our company where environmental sustainability is increasingly paramount for our customers,” he added.

Daniel Parsons, Head of PPA at BayWa r.e., added, “This is the first VPPA BayWa r.e. has signed with a healthcare company, which shows that renewable energies keep gaining traction throughout a variety of different industry segments. We’ve been active in the renewables PPA market since its beginning and we are very happy to see this type of green energy solution becoming more and more established across Europe.”