Iberdrola and Gres Panaria Portugal have formalised a long-term strategic agreement for the supply of photovoltaic energy . This agreement, which will begin in 2025, will ensure that the leading Portuguese company in the ceramic sector receives a total of 92 GWh of photovoltaic solar energy , contributing to the decarbonisation of its production and reinforcing its commitment to sustainability.
Photovoltaic energy and a sustainable future
The contract, known as a Power Purchase Agreement (PPA), will ensure the supply of clean energy for the next 10 years , and will also allow Gres Panaria Portugal to significantly reduce its carbon footprint . The adoption of this renewable energy source will be key to strengthening the company’s competitiveness, while supporting both national and European climate objectives.
This agreement reflects our firm commitment to sustainability and the development of renewable energy, a strategic area in which Iberdrola is deeply involved. Through solar photovoltaic energy, we are not only offering a long-term energy solution, but also contributing to the reduction of CO₂ emissions in Portuguese industry.
This was stated by Rui Afonso, General Manager of Iberdrola Clients Portugal.
Boosting the green economy in Portugal
The agreement with Iberdrola is also part of Gres Panaria Portugal’s strategy to optimize its industrial processes and make them more sustainable. Marco Mussini, president of the company, highlighted: ” Sustainability is a central pillar of our mission. This agreement not only ensures stability in energy supply, but also reinforces our commitment to Portugal’s green economy. “
With the integration of this renewable energy, Gres Panaria Portugal improves its environmental profile and positions itself as a benchmark in the ceramic sector for reducing pollution and the efficient use of resources.
Benefits for industry and the environment
This agreement between Iberdrola and Gres Panaria Portugal has the potential to avoid the emission of thousands of tons of CO2, contributing to a greener economy. In addition, the Spanish energy company continues to expand its presence in the Portuguese market, where it already operates several photovoltaic and wind farms, and has invested in the largest hydroelectric project in the country: Tâmega .
Through this PPA , both Iberdrola and Gres Panaria Portugal are making an important contribution to the energy transition, improving sustainability and establishing a business model based on reducing the carbon footprint and using clean energy sources. This agreement represents a further step in the joint commitment of both companies to a more sustainable future for Portugal and the rest of Europe.
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Source: Iberdrola
Photo: Shutterstock
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