Cemex Polska signs solar power purchase agreement with Statkraft

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Poland: Cemex Polska awarded an eight-year contract to Statkraft to supply wind and solar energy for its cement plants. The parties signed a corporate power purchase agreement (CPPA), under which Statkraft will meet 30% of Cemex Polska’s plants’ energy consumption, beginning on 1 January 2025.

Cemex Polska director cement operations Tadeusz Radzięciak board member “The concluded contract is important for Cemex on several levels. The contract ensures stable supply of a large volume of electricity, while at the same time securing a guaranteed, predictable level of prices for supplied energy in the long term. This is particularly important in the context of the rapid and unpredictable changes in energy prices on the European and Polish energy markets recorded in the last several months. In addition, the partnership with Statkraft is crucial in the context of achieving the Cemex's sustainability goals. After all, sourcing energy from renewable sources enables a significant reduction in the carbon footprint of our production facilities.”

Last modified on 15 November 2023

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