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    Merck KGaA Inks PPAs to Build Five Solar and Wind Projects Totaling 130 MW in Spain

    Nov. 7, 2023
    The agreement will consist of two onshore wind projects and three PV solar projects, totaling 37 MW and over 88 MW, respectively, in Castile and Leon
    Image Source: Department of Energy
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    German science and technology company Merck KGaA has signed power purchase agreements with Matrix Renewables and Renantis to build five 130 MW renewable energy projects in Spain and achieve climate neutrality by 2040.

    The agreement will consist of two onshore wind projects and three PV solar projects, totaling 37 MW and over 88 MW, respectively, in Castile and Leon, Spain, thereby benefitting from the abundant renewable energy potential of the Iberian Peninsula.

    While Merck aims to cover 80% of its worldwide purchased electricity from renewable sources, it also expects to reduce its direct and indirect greenhouse gas emissions (Scope 1 and 2, respectively) by 50% by 2030 as compared to 2020.

    The global energy advisory company Altenex Energy (dba Edison Energy in the U.S.) provided technical expertise to support Merck KGaA’s target to reduce its environmental footprint.

    “By purchasing zero-carbon renewable energy, these corporations can help achieve our shared goal of a more sustainable future,” said Hannah Badrei, Senior Vice President, Global Energy Advisory, Edison Energy. “Partnerships such as this mark a significant step towards a greener future for the pharmaceutical sector, and we are proud to be at the forefront of this global decarbonization movement.”

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.