PepsiCo brigades up with Iberdrola to drive green electricity at all of its spots in Spain and Portugal

PepsiCo brigades up with Iberdrola to drive green electricity at all of its spots in Spain and Portugal

The clean energy will come from the Francisco Pizarro photovoltaic factory that Iberdrola is erecting in Cáceres( Extremadura).
The action guarantees the force of renewable electricity for 11 shops, installations, logistics and distribution centres of the transnational libation company.
Iberdrola and PepsiCo have joined forces in their commitment to energy transition and sustainability with the signing of a long- term Power Purchase Agreement( PPA), under which the electricity company will supply 100 renewable electricity to all the libation and food transnational’s centres in Spain and Portugal. It’ll come into force on 1 January 2023. Specifically, Iberdrola will supply green energy to 11 PepsiCo installations. These include the product shops in Spain( potables in Álava, snacks in Burgos and gazpacho Alvalle in Murcia) and another snacks factory in Carregado( Portugal). Also included in the agreement are the two large logistics centres in Burgos and Valencia, as well as deals services in Vitoria, Pamplona, Palma de Mallorca and services in Vitoria and Barcelona. This agreement will be effective from 2023. The renewable energy will come from the Francisco Pizarro photovoltaic factory that Iberdrola is developing between the Extremaduran cosmopolises of Torrecillas de la Tiesa and Aldeacentenera, in Cáceres. The installation, which will soon come into operation, will help the emigration into the atmosphere of further than,000 tonnes of CO2 per time. With 590 megawatts( MW) of installed capacity, the factory will come the largest photovoltaic factory in Europe and will induce the fellow of the energy demanded to supply,000 homes peryear.This design is part of Iberdrola’s ambitious investment strategy in renewable energy generation systems in Spain, as well as its commitment to bilateral contracts as a way to promote the force of energy at competitive and stable prices among large guests committed to decarbonisation.” We’re proud to be part of the development of systems like this that are transubstantiating our country’s energy present and unborn and are completely aligned with our thing to reach net zero emigrations by 2040,” says Marta Puyuelo, Director of Corporate Affairs and Sustainability for PepsiCo Southwest Europe. She adds,” This is one of numerous enterprise we’re bearing as part of PepsiCo Positive, our company’s comprehensive metamorphosis with sustainability at the core. For his part, Sergio Hernández de Deza, Iberdrola’s Director of Large guests and Artificial results, stressed that” long- term green power purchase agreements open up numerous openings for the development of renewable systems that allow us to accelerate the energy transition to reduce dependence on fossil energies. PPAs have come an optimal tool for managing the electricity force of large consumer guests who partake our commitment to a new, cleaner and further sustainable profitable model”. The alliance between the two companies contributes to promoting sustainable investments in Spain and Portugal through two leading companies in their sector. PEPSICO POSITIVE FOR A Negative, Emigrations-FREE VALUE CHAINPepsiCo is committed to redoubling its sweats to reduce hothouse gas( GHG) emigrations by further than 40 by 2030 and achieve net zero emigrations by 2040, a decade ahead of the Paris Agreement. Specifically, PepsiCo plans to reduce GHG emigrations in its direct operations( compass 1 and 2) by 75 and in its circular operations( compass 3) by 40 by 2030. Together, this action is anticipated to contribute to a reduction of further than 26 million metric tons of GHG emigrations the fellow of removing further than five million buses from the road for oneyear.This action is part of PepsiCo Positive, the new sustainability- concentrated strategy through which the company is accelerating its metamorphosis to promote a positive impact on both the earth and people. vim drives action and progress through three crucial pillars of its business husbandry, value chain and positive brands. IBERDROLA WITH GREEN ENERGY AS THE Base FOR A SUSTAINABLE ECONOMYIberdrola committed 20 times ago to a sustainable growth strategy grounded on electrification. The company plans to invest€ 150 billion by 2030 in renewable powers, electricity grids and energy storehouse in order to remain at the van of the energyrevolution.This pioneering commitment has enabled the Iberdrola group to come a global energy leader, with further than,300 MW of green power installed, of which,300 MW are in Spain(,200 MW of which are solar). The company aims to achieve carbon impartiality by 2050 and to reduce its global emigrations intensity to 50 gCO2/ kWh by 2030, having formerly reached an emigrations intensity of 60gCO2/ kWh in Europe, thanks to its commitment to the energy transition and the Paris Agreement.

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