Circle K and EDF Renewables agree new solar energy deal

📆 28/06/2024 05:51:00
📰 RTEbusiness

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Forecourt retailer Circle K and renewable energy company EDF Renewables Ireland have announced a new solar power corporate Power Purchase Agreement (cPPA).

Forecourt retailer Circle K and renewable energy company EDF Renewables Ireland have announced a new solar power corporate Power Purchase Agreement .

A cPPA involves a company committing to buy its electricity from a renewable energy project or projects at a pre-agreed price over a fixed term. Such deals reduce the company's carbon footprint while they also secures a long-term, stable price for renewable energy. It already has the most advanced EV charging capabilities in Ireland through its strategic partnerships with Ionity, ESB and Tesla, with charging points located at 44 service stations nationwide.

"This agreement enables us to make real progress against this commitment. Using SEAI figures, we have estimated that this switch to solar energy will equate to 7,570 tonnes of CO2 saved annually," she said.

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