
Displaying items by tag: power purchase agreement
Ukraine: Renewable energy company Elementum Energy and Ukraine-based cement producer CEMARK, part of CRH, signed a one-year financial power purchase agreement to stabilise electricity prices, supplied from the 100MW Dniester Wind Farm to one of CEMARK’s plants.
It is the second such agreement signed by Elementum Energy, following a pilot deal in January 2025. CEMARK energy resources procurement manager Maryna Boyaryntseva said electricity costs are “one of the key components in the cost of cement and require constant attention and the introduction of new tools to influence price formation.”
Elementum Energy said one- to two-year price stabilisation tools are attractive to businesses in wartime, because they allow for a cost forecast and risk reduction without committing to a longer-term contract.
New solar park for Holcim Magyarorszag
13 May 2025Hungary: ID Energy Group inaugurated a 28.5MW solar park at Holcim Magyarorszag's cement plant in Kiralyegyhaza on 12 May 2025. The new facility will supply around 30% of the plant’s electricity needs and was built under a power purchase agreement, according to MTI news.
PPC signs solar power agreement with Yellow Door Energy
26 March 2025South Africa: Cement producer PPC and independent power producer Yellow Door Energy (YDE) have signed a 24.5MWp solar power purchase agreement. The project will operate under a solar wheeling arrangement, delivering electricity from YDE’s Leeudoringstad solar park to PPC’s Slurry, Dwaalboom, De Hoek and Riebeek operations via the Eskom grid.
YDE will install over 20,000 panels, generating 57.5 million kW in the first year of operation and offsetting 59,800t of CO₂. The project includes a new 43km overhead electrical line connecting the solar park to the Eskom substation.
Arabian Cement signs 30-year solar power deal with IRSC
18 March 2025Egypt: Arabian Cement Company has signed a 30-year power purchase agreement with IRSC for renewable electricity. The deal covers the development, financing, construction, ownership and operation of the second phase of the firm’s solar power plant. The plant will have a total capacity of 17.6MW and is expected to produce 32.5GW/yr of electricity.
Cimento Nacional signs wind power contract
20 February 2025Brazil: Buzzi subsidiary Cimento Nacional has signed a 15-year power purchase agreement with renewable energy provider Casa dos Ventos for 65MW/yr of wind power from the 756MW Serra do Tigre and 360MW Babilonia Sul wind farms. The agreement will supply 100% of the producer's electricity requirements in its Brazilian facilities.
The Serra do Tigre wind farm is currently under construction in Rio Grande do Norte, but the Babilonia Sul wind farm is operational in Bahia.
Philippines: Aboitiz Upgrade Solar (AUSI), a joint venture between Aboitiz Power and Upgrade Energy Philippines, is building a ground-mounted solar facility at Republic Cement’s Norzagaray plant in Bulacan, according to The Philippine Star. Under the power purchase agreement, AUSI will fund and operate the project, while Republic Cement will exclusively purchase the generated power.
The facility is set to be completed in the second half of 2025, with capacity and project costs undisclosed.
Al Jouf Cement signs agreement with ENGIE for solar plant
20 November 2024Saudi Arabia: Al Jouf Cement Company has signed a power purchase agreement with ENGIE to develop a 22MW solar photovoltaic plant at Al Jouf Cement’s facility in Turaif, Northern Borders Province. The plant will provide on-site power generation and help to decarbonise Al Jouf Cement's operations over the project’s 25-year lifespan. The solar photovoltaic installation will span over 420,000m2 and is expected to reduce the plant’s carbon footprint. ENGIE will handle the development, design, construction, ownership and operation of the solar plant.
Ignitis partners with Akmenės Cementas for wind energy project
23 September 2024Lithuania: Ignitis has signed a 4-year power purchase agreement with Lithuanian cement producer Akmenės Cementas to supply electricity from the Mažeikiai wind farm, starting in 2026. The wind farm features 14 wind turbines with a capacity of 63MW and began operations in 2023.
CEO of Akmenės Cementas Artūras Zaremba said "We are excited about this partnership as it allows us to use green energy in the cement industry. This cooperation is an important step towards our commitment to achieve long-term sustainability and reduce our carbon footprint. By integrating renewable energy sources into our activities and planned projects that will contribute to the EU’s Green Deal objectives, we are strengthening our environmental efforts and creating sustainable and innovative solutions.
India: Dalmia Cement (Bharat) has signed a power purchase agreement with BluPine Energy to establish a 47MW solar power plant in Karnataka. The plant will generate approximately 94 million kWh of electricity annually and reduce over 85,000t/yr of CO₂ emissions.
CEO of BluPine Energy, Neerav Nanavaty, said "The solar plant in Karnataka will not only produce clean energy but also foster local economic growth and support environmental sustainability. This project will help reduce operating costs and improve energy efficiency."
Cementos Alfa’s Mataporquera cement plant secures renewable energy supply from Capital Energy
06 February 2024Spain: Capital Energy has won a contract to supply renewable energy to Cementos Alfa’s Mataporquera cement plant in Cantabria. The energy company will supply 80,000MWh/yr to the subsidiary of Cementos Portland Valderrivas under the contract, initially from five local wind farms. The contract takes the form of long-term power purchase agreement (PPA), under a self-consumption scheme with surpluses.