Total and pharmaceutical giant Merck & Co (MSD) have signed a renewable corporate power purchase agreement (CPPA) over a period of 10 years covering 45MW of solar from Total’s portfolio in Spain.
The CPPA is for an annual supply of 90GWh from utility-scale solar in Castilla La Mancha.
“This agreement with MSD contributes to securing the revenues of our solar projects in Castilla La Mancha region in Spain and paves the way to launching the construction of new sites,” said Julien Pouget, Senior Vice President Renewables at Total.
“Our global portfolio of renewables projects makes us one of the key players to supply green electricity to corporate players willing to decarbonize their electricity consumption and thus reduce their carbon footprint in order to accelerate the transition toward a carbon neutral world.”
“This contract is an important step for MSD toward meeting its commitment to sustainability by bringing carbon-free energy to the Spanish grid and reducing the environmental impact of our European operations.
“As a human and animal health company, we see our renewable energy strategy as fully integrated with MSD’s mission to save and improve lives”, said Susanna Webber, senior vice president, Global Supplier Management Group and Chief Procurement Officer, MSD.